Coty price target lowered to $3.50 from $4.50 at Barclays

Barclays lowered the firm’s price target on Coty (COTY) to $3.50 from $4.50 and keeps an Underweight rating on the shares. The firm says the company’s fiscal Q4 report and first half of 2026 outlook “were not good” due to company-specific and broader industry pressures. The analyst also sees risk to Coty’s second half of 2026 estimates. Barclays is not confident Coty can reverse its challenged recent trends in the next six months.