Barclays Maintains Equal-Weight on Coty, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Lauren Lieberman maintains an Equal-Weight rating on Coty (NYSE:COTY) and lowers the price target from $13 to $12.

April 12, 2024 | 2:06 pm
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Barclays maintains an Equal-Weight rating on Coty and lowers the price target from $13 to $12.
The reduction in price target by Barclays, a major financial institution, suggests a tempered outlook on Coty's stock performance in the short term. This adjustment reflects analyst Lauren Lieberman's assessment of Coty's valuation, potentially influencing investor sentiment and stock price movement negatively.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100