Avon Products (AVP) Tops Q2 EPS by 4c

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UBS Remains Bearish on Avon Products (AVP) - PT to $4

August 3, 2016 8:24 AM EDT

UBS maintained a Sell rating on Avon Products (NYSE: AVP), and cut the price target to $4.00 (from $3.00), following the company's 2Q earnings report.

Analyst Stephen Powers commented, "Overall, AVP delivered Q2 organic growth of +5% from reportable segments (vs. UBSe/cons. of +3.5%/+3.1%)driven... More