BofA Maintains Neutral Stance on Coty (COTY) Heading Into 2026 Amid Uncertain Consumption Growth and Sector-Wide Valuation Disparity

Group 1 - Bank of America lowered Coty Inc.'s price target to $3 from $3.50 and maintained an Underperform rating, citing uncertainty in consumption growth as a primary concern for consumer staples heading into 2026 [1] - TD Cowen also reduced Coty's price target to $3.75 from $4 with a Hold rating, highlighting headwinds such as post-holiday inventory destocking and a saturated promotional environment that may compress margins [2] - Rothschild & Co Redburn initiated coverage of Coty with a Neutral rating and a price target of $3.60, noting potential upside but an unattractive risk-reward profile at current levels due to uncertainty in broader category growth [3] Group 2 - Coty Inc. operates in the beauty products sector, manufacturing and distributing branded products through its Prestige and Consumer Beauty segments [4]