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TD Cowen: Downgraded coty inc rating to hold, target price lowered to $8.5.
On November 13, Gelonghui reported that TD Cowen downgraded coty inc's rating from "buy" to "hold", with the target price reduced from $11 to $8.5. The analyst stated that the ongoing weakness in the pharmacy channel will put pressure on the company's sales. Given the slowdown in demand for branded perfumes and mass-market cosmetics, coty inc will find it difficult to achieve growth, and the annual forecast may be further downgraded. (Gelonghui)
TD Cowen Downgrades Coty Inc(COTY.US) to Hold Rating, Cuts Target Price to $8.5
Coty Price Target Announced at $8.50/Share by TD Cowen
Coty Cut to Hold From Buy by TD Cowen
Morgan Stanley Maintains Coty Inc(COTY.US) With Hold Rating, Maintains Target Price $9
D.A. Davidson Maintains Coty Inc(COTY.US) With Buy Rating, Cuts Target Price to $12.5