Piper Sandler analyst Korinne Wolfmeyer lowered the firm’s price target on Coty to $14 from $16 given intensified competition in the mass cosmetics space and recent peer multiple compression. The firm keeps an Overweight rating on the shares.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on COTY: