Jefferies Downgrades Avon Products (AVP) to Hold
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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
Rating Summary:
3 Buy, 12 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Jefferies downgraded Avon Products (NYSE: AVP) from Buy to Hold with a price target of $20 (down from $33).
The firm said while the acknowledge its modest valuation and strong franchise, they believe deteriorating fundamentals and regulatory missteps could keep the shares under pressure for the foreseeable future.
For more ratings news on Avon Products click here and for the rating history of Avon Products click here.
Shares of Avon Products closed at $18.28 yesterday.
The firm said while the acknowledge its modest valuation and strong franchise, they believe deteriorating fundamentals and regulatory missteps could keep the shares under pressure for the foreseeable future.
For more ratings news on Avon Products click here and for the rating history of Avon Products click here.
Shares of Avon Products closed at $18.28 yesterday.
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