Barclays Maintains Equal-Weight on Coty, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Lauren Lieberman has maintained an Equal-Weight rating on Coty (NYSE:COTY) but has lowered the price target from $11 to $10.
August 22, 2024 | 2:17 pm
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Barclays has maintained its Equal-Weight rating on Coty but reduced the price target from $11 to $10, indicating a slightly less optimistic outlook.
The reduction in price target from $11 to $10 by Barclays suggests a less optimistic view on Coty's short-term performance, which could lead to a negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100