BNP Paribas Exane analyst Mourad Lahmidi downgraded Coty (COTY) to Neutral from Outperform with a $5.65 price target The firm sees an increasingly unfavorable backdrop for Coty with “lackluster” beauty trends and tariffs. It sees the company’s earnings remaining under pressure.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on COTY: