Coty posts Q3 revenue beat, aims for upper end of 2024 targets on strong demand

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Coty Inc. (COTY) PT Lowered to $16.50 at DA Davidson

May 7, 2024 5:13 AM EDT

DA Davidson analyst Linda Bolton Weiser lowered the price target on Coty Inc. (NYSE: COTY) to $16.50 (from $17.50) while maintaining a Buy rating.

The analyst comments "BUY-rated COTY reported a F3Q24 beat, with both organic sales and EBITDA +10%. Prestige fragrance market... More