Citigroup Maintains Neutral on Coty, Raises Price Target to $3
Citigroup analyst Filippo Falorni maintains Coty (NYSE:COTY) with a Neutral and raises the price target from $2.8 to $3.
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Citigroup analyst Filippo Falorni maintains Coty (NYSE:COTY) with a Neutral and raises the price target from $2.8 to $3.
Coty Inc. reported positive growth in its Americas business during Q4 fiscal 2026, with net revenues rising 9% to $554.7 million and like-for-like sales up 6%. The growth was driven by stronger prestige fragrance and mass cosmetics orders in the U.S., with brands Sally Hansen and CoverGirl showing improving retail trends. However, full-year fiscal 2026 Americas revenues declined 1% on a reported basis.
Coty (NYSE:COTY) released fourth-quarter financial results and hosted an earnings call on Thursday. Read the complete transcript below. This transcript is brought to you by Benzinga APIs. For real-time access to our