Coty Inc. (COTY) PT Raised to $16 at Piper Sandler, Remains Top Idea, 'Setup Looks Good into Holiday'
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Citi on Coty Inc. (COTY): 'We’d expect a positive stock reaction today'
September 20, 2023 9:31 AM EDTCiti 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
Coty and General Mills rise premarket; Instacart, Chewy and Dollar General fall
September 20, 2023 8:41 AM EDTInvesting.com -- U.S. futures traded marginally higher Wednesday, as investors cautiously awaited the Federal Reserves latest interest rate decision and economic update.
Here are some of the biggest premarket U.S. stock movers today:
'Strong business momentum' prompts Coty to lift full-year profit, sales forecast; Shares rally
September 20, 2023 6:56 AM EDTCoty (NYSE: COTY) has raised its adjusted EBITDA guidance for the full year, pushing the numbers above the consensus.
Citing strong business momentum, the beauty company now expects adjusted EBITDA to be in the range of $1.075 billion to $1.085 billion, up from the previous range of... More
Coty (COTY) Raises FY24 Guidance
September 20, 2023 6:46 AM EDTCoty Inc. (NYSE: COTY) (Coty or the Company), one of the worlds largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care, today increased its outlook for the first half and full year FY24.
Since providing its guidance on its FY23 earnings call four weeks ago, Coty has seen strong momentum in beauty demand across its key markets and categories, particularly in prestige fragrances. At the same time, Cotys recent launch of its Burberry Goddess fragrance, with its unique and sophisticated scent and packaging, and disruptive... More
