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 to restructure France operations amid turnaround efforts
Read moreThe Kylie Cosmetics and Rimmel London owner has ‘proposed to adapt its operating model’ in France as part of its plans to halt declining sales under its ‘Coty:Curated’ strategy
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