Coty, Inc. (COTY) Tops Q4 EPS by 1c

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Coty (COTY) PT Lifted to $29 at Piper Jaffray Post Q4; 'Neutral' Rating Maintained

August 14, 2015 6:44 AM EDT

Piper Jaffray analyst Stephanie Wissink raised her price target on Coty Inc. (NYSE: COTY) to $29.00 (from $24.00) following Q4 results but maintained a Neutral rating. The analyst said while the P&G deal adds scale, core sales growth is still lagging.

commented, "We are maintaining our broader thesis... More

Coty, Inc. (COTY) Announces $700M Share Repurchase Plan

August 13, 2015 7:01 AM EDT

Coty Inc. (NYSE: COTY) today announced that its Board of Directors has approved a $700 million share repurchase authorization of its Class A common stock. This authorization includes any amounts remaining under the existing stock repurchase authorization.

We continue to remain focused on returning capital... More