DA Davidson Maintains Buy on Coty, Lowers Price Target to $16.5
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Linda Bolton Weiser maintains a Buy rating on Coty (NYSE:COTY) but lowers the price target from $17.5 to $16.5.
May 07, 2024 | 1:48 pm
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DA Davidson maintains a Buy rating on Coty but lowers the price target from $17.5 to $16.5.
The reduction in price target by DA Davidson could have a mixed impact on Coty's stock. While maintaining a Buy rating indicates a positive outlook on the company, the lowered price target might reflect concerns about Coty's future performance or market conditions, potentially leading to short-term volatility in the stock price.
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