Jefferies Upgrades Coty to Buy, Raises Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Ashley Helgans has upgraded Coty (NYSE:COTY) from Hold to Buy and increased the price target from $11 to $12.
October 07, 2024 | 1:23 pm
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POSITIVE IMPACT
Jefferies has upgraded Coty from Hold to Buy, raising the price target to $12, indicating a positive outlook on the stock.
The upgrade from Hold to Buy by Jefferies suggests increased confidence in Coty's performance, likely leading to positive investor sentiment and potential stock price increase. The raised price target to $12 further supports this positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100