Barclays Maintains Equal-Weight on Coty, Raises Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Lauren Lieberman has maintained an Equal-Weight rating on Coty Inc. (NYSE:COTY) and increased the price target from $11 to $13.
January 16, 2024 | 5:21 pm
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POSITIVE IMPACT
Barclays has reaffirmed Coty's Equal-Weight rating and raised the price target from $11 to $13, indicating a positive outlook on the stock.
The increase in price target by Barclays reflects a positive sentiment towards Coty's future performance, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100