French beauty player Coty has been downgraded from a rating of Outperform to Market Perform in a move by analysts at BMO Capital Markets.
Coty demoted by analysts
French player downgraded to Market Perform
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Finance
Analysis: Can Coty turn things around with its 'Coty. Curated’ transformation strategy?
Off the back of a ‘disappointing’ Q2 report from the Kylie Cosmetics and Rimmel London owner, interim CEO Markus Strobel is implementing a new strategic framework – but can ‘Coty. Curated’ be the key to a turnaround for the beauty giant?
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