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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Coty subsidiary files lawsuit against Kering over Gucci licence after L’Oréal deal
Read moreKering recently signed a new deal with L’Oréal to create fragrance and beauty lines for Gucci after its current partnership with Coty ends
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