Citigroup Maintains Neutral on Coty, Lowers Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Filippo Falorni has maintained a Neutral rating on Coty (NYSE:COTY) and lowered the price target from $12 to $11.
October 11, 2023 | 4:08 pm
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NEUTRAL IMPACT
Citigroup has maintained a Neutral rating on Coty and lowered the price target from $12 to $11.
The news is directly about Coty and is likely to impact investor sentiment. The lowering of the price target may suggest that the analyst sees less upside potential in the stock, which could influence investors' decisions. However, the Neutral rating indicates that the analyst does not expect significant price movement in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100