Jefferies Maintains Buy on Coty, Lowers Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Ashley Helgans maintains a Buy rating on Coty (NYSE:COTY) but lowers the price target from $12 to $11.
October 16, 2024 | 8:56 pm
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NEUTRAL IMPACT
Jefferies analyst Ashley Helgans maintains a Buy rating on Coty but lowers the price target from $12 to $11, indicating a slight decrease in expected stock performance.
The maintained Buy rating suggests continued confidence in Coty's performance, but the lowered price target indicates a slightly more cautious outlook. This could lead to neutral short-term price movement as the market digests the mixed signals.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100