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Fly News Breaks for February 11, 2019
COTY
Feb 11, 2019 | 06:47 EDT
JPMorgan analyst Andrea Teixeira raised her price target for Coty to $10 following the company's Q2 beat and keeps a Neutral rating on the shares. The analyst found "renewed energy from new management encouraging," but points out there there were "no major financial strings or timing attached to the turnaround at this point." Teixeira sees "massive execution risks" for the company, which keeps her on the sidelines post Friday's 32% "relief rally."
News For COTY From the Last 2 Days
COTY
Apr 17, 2024 | 07:13 EDT
TD Cowen analyst Oliver Chen lowered the firm's price target on Coty to $13 from $16 and keeps a Buy rating on the shares. The firm said recent stock pullbacks of (13%) imply modest expectations ahead of earnings but they remain constructive on the category.