Wedbush Cuts Avon Products (AVP) to Neutral Amid Coty Bid

April 2, 2012 12:48 PM EDT
Get Alerts AVP Hot Sheet
Price: $5.60 --0%

Rating Summary:
    3 Buy, 12 Hold, 4 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
Join SI Premium – FREE
Wedbush downgraded shares of Avon Products (NYSE: AVP) from Outperform to Neutral Monday morning following Coty's $23.25/share bid for the company. Wedbush lowered its price target on the stock from $24 to $23.25.

Avon shares are up nearly 16 percent at last check.

For an analyst ratings summary and ratings history on Avon Products click here. For more ratings news on Avon Products click here.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Downgrades