Coty shares are trading higher after TD Cowen upgraded the stock from Market Perform to Outperform.
Portfolio Pulse from Benzinga Newsdesk
Coty Inc.'s stock is experiencing an uptick following an upgrade from TD Cowen, moving from a 'Market Perform' rating to an 'Outperform' status.
February 22, 2024 | 4:54 pm
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POSITIVE IMPACT
Coty Inc.'s stock is likely to see a positive short-term price movement following an upgrade by TD Cowen from 'Market Perform' to 'Outperform'.
Stock upgrades by reputable financial institutions like TD Cowen often lead to increased investor confidence and a subsequent rise in stock price. Given the upgrade from 'Market Perform' to 'Outperform', it's reasonable to expect a positive impact on Coty Inc.'s stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100