Coty (COTY) Misses Q1 EPS by 5c; offers guidance

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Go back to Coty (COTY) Misses Q1 EPS by 5c; offers guidance

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