Barclays Maintains Equal-Weight on Coty, Lowers Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Lauren Lieberman has maintained an Equal-Weight rating on Coty (NYSE:COTY) and lowered the price target from $12 to $11.
October 12, 2023 | 5:45 pm
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NEGATIVE IMPACT
Barclays has maintained an Equal-Weight rating on Coty and lowered the price target from $12 to $11, which may impact the stock's performance.
The lowering of the price target by Barclays from $12 to $11 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