Coty sees annual profit at low end of forecast as mass beauty demand slows

Go back to Coty sees annual profit at low end of forecast as mass beauty demand slows

Barclays Downgrades Coty Inc. (COTY) to Underweight

November 7, 2024 6:05 AM EST

Barclays analyst Lauren Lieberman downgraded Coty Inc. (NYSE: COTY) from Equalweight to Underweight with a price target of $7.00 (from $8.00).

The analyst comments "Coty effectively lowered its medium-term algorithm last night, but notably, this significant change was not detailed in the press... More