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Stock impact report

TD Cowen and Canaccord Genuity Maintain Hold Ratings on Coty Inc. (COTY) [Yahoo! Finance]

Coty Inc. Class A (COTY) 
Last coty inc. class a earnings: 2/5 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.coty.com
Company Research Source: Yahoo! Finance
Previously, on October 17, Canaccord Genuity had also reaffirmed its Hold rating on Coty Inc. (NYSE:COTY) with a $4 price target. The research firm met with Coty Inc.'s (NYSE:COTY) CEO Sue Naby and CFO Laurent Mercier, who spoke about their focus on the company's high-end business areas like fragrance and skin care. These segments offer better growth and profit potential. TD Cowen and Canaccord Genuity Maintain Hold Ratings on Coty Inc. (COTY) The company's management also talked about the recently announced strategic review of the consumer business, product range, and debt refinancing efforts. Coty Inc. (NYSE:COTY) is looking at strategic alternatives for its mass color cosmetics business and its Brazilian brands business, which is seen as very profitable. Canaccord Genuity pointed out that Coty Inc. (NYSE:COTY) could sell some assets in the future in order to strengthen its balance sheet. The research firm believes that we could see the company sell Wella soon. However, the f Show less Read more
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