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Coty (COTY) shares rise after TD Cowen upgrade

February 22, 2024 1:57 PM EST

TD Cowen analyst Oliver Chen raised shares of Coty (NYSE: COTY) to Outperform from Market Perform in a note Thursday, lifting the stock price target to $16 from $13 per share.

Chen said the company's "innovation, premiumization and perfumetok" captivate new customers. Coty shares have... More

TD Cowen Upgrades Coty Inc. (COTY) to Outperform

February 22, 2024 5:29 AM EST

TD Cowen analyst Oliver Chen upgraded Coty Inc. (NYSE: COTY) from Market Perform to Outperform with a price target of $16.00 (from $13.00).

The analyst comments "We are upgrading following our fireside chat with COTY's Chief Brands Officer of Consumer Beauty, Stefano Curti, and COTY's... More