Coty Reports Double-Digit Growth in FY24, Outpacing Beauty Market
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Canaccord Genuity Reiterates Buy Rating on Coty Inc. (COTY)
August 22, 2024 6:29 AM EDTCanaccord Genuity analyst Susan Anderson reiterated a Buy rating and $14.00 price target on Coty Inc. (NYSE: COTY)
The analyst comments "On 8/21 after the market close, COTY reported 4Q24 (June-end) results with reported sales missing expectations and up +0.9% vs. the Street at +1.8%, which includes FX and divestitures. However, LFL sales were at the higher-end of guidance and... More
Citi Reiterates Neutral Rating on Coty Inc. (COTY)
August 22, 2024 4:55 AM EDTCiti analyst Filippo Falorni reiterated a Neutral rating and $11.00 price target on Coty Inc. (NYSE: COTY).
The analyst comments "As highlighted in our positive risk/reward call into FQ4, COTY delivered solid F4Q24 results with LFL sales up +5% and EBITDA of $164.5M... More
Coty Inc. (COTY) PT Raised to $17 at DA Davidson
August 21, 2024 9:29 AM EDTDA Davidson analyst Linda Bolton Weiser raised the price target on Coty Inc. (NYSE: COTY) to $17.00 (from $16.50) while maintaining a Buy rating.
The analyst comments "BUY-rated COTY reported F4Q24 slightly below the Street, but above our estimates. FY24 was the... More
Coty Inc. (COTY) PT Lowered to $11 at Stifel
August 21, 2024 5:16 AM EDTStifel analyst Mark S. Astrachan lowered the price target on Coty Inc. (NYSE: COTY) to $11.00 (from $12.00) while maintaining a Hold rating.
The analyst comments "Coty reported F4Q24 results with sales and adjusted EBITDA in-line with consensus. First-time F2025 guidance is also broadly consistent... More
Citi Reiterates Neutral Rating on Coty Inc. (COTY)
August 21, 2024 4:59 AM EDTCiti analyst Filippo Falorni reiterated a Neutral rating and $11.00 price target on Coty Inc. (NYSE: COTY)
The analyst comments "As we indicated in our note highlighting favorable risk/rewards into the print, COTY reported solid F4Q24 results (about in-line with consensus) and... More
