TD Cowen analyst Oliver Chen lowered the firm’s price target on Coty (COTY) to $4 from $5 and keeps a Hold rating on the shares. The firm said they remain cautious given consumer beauty weakness and destocking despite the roughly 20% pullback.
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Read More on COTY:
- Coty price target lowered to $10 from $12 at RBC Capital
- Coty price target lowered to $4 from $5 at Canaccord
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