Coty Inc. (COTY) Price Target Cut on Disappointing Quarterly Results and Guidance

Coty Inc. (NYSE:COTY) is one of Goldman Sachs’ top penny stock picks. On February 9, Canaccord Genuity lowered its price target for Coty Inc. (NYSE:COTY) to $2.50 from $3.50, while maintaining a Hold rating. Coty Inc. (COTY) Price Target Cut on Disappointing Quarterly Results and Guidance Africa Studio/Shutterstock.com The price target cut came on the heels of Coty Inc. delivering a 1% year-over-year increase in second-quarter fiscal 2026 sales to $1.67 billion, which topped analyst estimates. The compa ...