RBC Capital Reiterates Outperform on Coty, Maintains $14 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Nik Modi has reiterated an Outperform rating on Coty (NYSE:COTY) and maintained a $14 price target.
February 09, 2024 | 3:51 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
RBC Capital maintains an Outperform rating on Coty with a $14 price target.
The reiteration of an Outperform rating and a maintained price target by a reputable analyst like Nik Modi from RBC Capital is likely to instill confidence among investors and could positively influence Coty's stock price in the short term. Analyst ratings and price targets are significant indicators for investors, and positive reaffirmations can lead to increased investor interest and potentially drive up the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100