Wells Fargo Maintains Equal-Weight on Coty, Lowers Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Chris Carey has maintained an Equal-Weight rating on Coty (NYSE:COTY) and lowered the price target from $12 to $11.
August 23, 2023 | 12:53 pm
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NEGATIVE IMPACT
Wells Fargo has maintained an Equal-Weight rating on Coty and lowered the price target from $12 to $11.
The lowering of the price target by Wells Fargo indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Coty's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100