Coty, the Consumer Defensive sector company, was revisited by a Wall Street analyst yesterday. Analyst Filippo Falorni from Citi maintained a Hold rating on the stock and has a $4.25 price target.
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Filippo Falorni has given his Hold rating due to a combination of factors that reflect both positive developments and ongoing challenges for Coty. The company has shown promising signs with improvements in its US Prestige fragrance business, which has seen a positive shift in sales performance over recent quarters. This improvement is further supported by a strong innovation pipeline for fiscal year 2026, featuring new product launches that have already gained traction in the market.
Despite these encouraging developments, Falorni’s Hold rating suggests a cautious approach, likely due to the broader market conditions and potential risks associated with the company’s strategic changes. While Coty is making efforts to integrate its prestige and mass fragrance capabilities to drive growth, the overall market dynamics and execution risks remain factors to consider. Therefore, the Hold rating reflects a balanced view, acknowledging Coty’s progress while remaining mindful of the uncertainties that could impact its future performance.
According to TipRanks, Falorni is an analyst with an average return of -1.3% and a 54.17% success rate. Falorni covers the Consumer Defensive sector, focusing on stocks such as Kenvue, Inc., Constellation Brands, and Keurig Dr Pepper.
In another report released yesterday, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a $3.50 price target.