Coty Inc. Announces Update on Transaction with P&G Beauty Brands
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Piper Jaffray Cuts Price Target on Coty, Inc. (COTY) Following 3Q
May 4, 2016 8:58 AM EDTPiper Jaffray maintained a Neutral rating on Coty Inc. (NYSE: COTY), and cut the price target to $29.00 (from $30.00), following the company's 3Q. COTY management provided a thorough review of the logic, synergies, and profit targets expected from the P&G Beauty merger.
Analyst Stephanie Wissink commented, "Our thesis... More
