TD Cowen Trims Coty Inc. (COTY) Target Ahead of Q4, Keeps Hold Rating

Coty Inc. (NYSE:COTY) is among the overlooked penny stocks to invest in. On January 21, TD Cowen cut the price target on Coty Inc. (NYSE:COTY) to $3.40 from $3.50, and maintained a Hold rating, according to TheFly. This revision, suggesting upside potential of nearly 4%, was part of the firm’s Q4 preview, during which it adjusted estimates and targets for its beauty market coverage. According to the firm, strong beauty dynamics will fuel revenue upside across all the companies. Since the start of 2026, s ...