Analyst Downgrade Sends Coty Shares Reeling After Disappointing Earnings
Published on 09/11/2025 at 16:00 | Redaktion boerse-global.deThe investment case for beauty giant Coty Inc. has suffered a significant setback. Berenberg, the prominent investment bank, delivered a stark reassessment of the company’s prospects, downgrading its rating and substantially reducing its price target in a move that signals deepening concerns about the company’s near-term performance.
Berenberg shifted its recommendation on Coty stock from “Buy” to “Hold” on Tuesday. In a more dramatic adjustment, the bank slashed its price target from $6.50 to $5.05 per share. This decisive action was prompted by the company’s disappointing third-quarter revenue figures and what the bank characterized as a cautious outlook from management for the first half of fiscal 2026.
This negative analyst sentiment follows a brutal market reaction to Coty’s... Read more...
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