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Fly News Breaks for June 17, 2015
PG, COTY
Jun 17, 2015 | 06:39 EDT
Citi downgraded Coty (COTY) to Neutral after shares rallied on a New York Post report saying the company is in talks to acquire Procter & Gamble's (PG) beauty business for $12B. Citi sees potential challenges with the deal and notes the stock is up 65% since its upgrade in January. The firm raised its price target for shares to $32 from $29.
News For COTY;PG From the Last 2 Days
PG
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