Stifel Maintains Hold on Coty, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Mark Astrachan maintains a Hold rating on Coty (NYSE:COTY) and lowers the price target from $11 to $10.
October 15, 2024 | 11:54 am
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Stifel analyst Mark Astrachan has maintained a Hold rating on Coty and reduced the price target from $11 to $10, indicating a cautious outlook.
The reduction in price target from $11 to $10 by Stifel suggests a less optimistic view on Coty's short-term performance. This could lead to a negative sentiment among investors, potentially impacting the stock price negatively in the short term.
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