Coty Inc. (COTY) PT Lowered to $8 at Jefferies

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Coty Inc. (COTY) PT Lowered to $9 at Raymond James

February 12, 2025 5:11 AM EST

Raymond James analyst Olivia Tong lowered the price target on Coty Inc. (NYSE: COTY) to $9.00 (from $10.00) while maintaining a Outperform rating.

The analyst comments "COTY reported F2Q sales below expectations, with LFL declining -1% y/y vs. our +2% estimate and consensus. While Prestige Fragrance grew high single digits even against more challenging comps, trends worsened in China, Travel Retail... More