HSBC downgrades Estee Lauder on restructuring, beauty segment concerns

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Coty Inc. (COTY) PT Lowered to $11 at Jefferies

October 16, 2024 9:57 AM EDT

Jefferies analyst Ashley Helgans lowered the price target on Coty Inc. (NYSE: COTY) to $11.00 (from $12.00) while maintaining a Buy rating.

The analyst comments "We attended a sell-side meeting with COTY's CEO and CFO in NYC today. The discussion focused on: 1) Topline guidance lower,... More