'Strong business momentum' prompts Coty to lift full-year profit, sales forecast; Shares rally

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Citi on Coty Inc. (COTY): 'We’d expect a positive stock reaction today'

September 20, 2023 9:31 AM EDT

Citi analyst Filippo Falorni reiterated a Neutral rating and $12.00 price target on Coty Inc. (NYSE: COTY)

The analyst comments "

This morning COTY raised its FY24 outlook range, which now calls for core LFL sales growth of +8-10% (vs. cons. of +7.6% and... More