Morgan Stanley Maintains Equal-Weight on Coty, Raises Price Target to $2.75
Morgan Stanley analyst Dara Mohsenian maintains Coty (NYSE:COTY) with a Equal-Weight and raises the price target from $2.5 to $2.75.
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Shares of cosmetic companies are trading lower, possibly in response to Swiss skincare firm Galderma's comment regarding a slight softening of consumer sentiment. Cosmetic brand manufacturer Medmix reported a 9.2% decrease in its Beauty business unit.
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8-K filing — COTY INC. (COTY)
Filed: 2026-08-20 AccNo: 0001024305-26-000050 Size: 257 KB Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers Item 9.01: Financial Statements and Exhibits
Coty Posts Mixed Q4 Results, Joins Wolfspeed, ATRenew And Other Big Stocks Moving Lower In Thursday’s Pre-Market Session
U.S. stock futures mixed, Nasdaq 100 up 0.1%. Coty Inc (COTY) shares down 7.7% after reporting losses in Q4 and exit of Gucci Beauty license.
Coty shares are trading lower after the company reported mixed Q4 financial results and issued Q1 adjusted EPS guidance below estimates. The company disclosed that the Gucci Beauty license exit will result in a step-down in FY28 sales and profit.
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The global skin care products market is projected to grow from USD 166 billion in 2025 to USD 262 billion by 2034, with a CAGR of approximately 5%. Growth is driven by rising consumer awareness of skin health, increasing disposable incomes, demand for premium and personalized products, and the influence of social media trends. Asia-Pacific leads with 38% market share, while North America is the fastest-growing region. Key players include L'Oréal, Unilever, Procter & Gamble, and Estée Lauder.
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