Rising losses, investor pressure push Avon CEO Sheri McCoy to quit
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Avon Products (AVP) PT Lowered to $4 at Stifel Following 2Q Miss
August 3, 2017 3:27 PM EDTStifel lowered its price target on Avon Products (NYSE: AVP) to $4.00 (from $4.50) while maintaining a Hold rating following the company's 2Q earnings report. EPS loss of $0.03 compared to consensus of $0.07. The miss was driven by weaker than expected constant dollar sales growth, down... More
