Avon Products (AVP) Misses Q2 EPS by 3c

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Avon Products (AVP) PT Lowered to $1.75 at DA Davidson Following 2Q Results

August 6, 2018 8:04 AM EDT

DA Davidson lowered its price target on Avon Products (NYSE: AVP) to $1.75 (from $2.25) while maintaining a Neutral rating following the company's 2Q earnings release. AVP reported 2Q18 sales of $1,352M, below consensus of $1,388M. Operating profit was +8% to $77M, above consensus of $66M but... More