RBC Capital Lowers its Price Target on Coty Inc. (COTY) to $8 and Maintains an Outperform Rating

Coty Inc. (NYSE:COTY) is among the 12 Best Consumer Stocks to Buy According to Wall Street.

On February 9, 2026, RBC Capital lowered its price target on Coty Inc. (NYSE:COTY) to $8 from $10 and maintained an Outperform rating. The firm said the company delivered an organic sales beat for the quarter and described the current period as a transition as Markus Strobel steps in to restore growth.

That same day, Morgan Stanley reduced its price target to $3.50 from $4.25 and kept an Equal Weight rating. The firm said second-quarter results came in slightly below target, but the more significant concern was well-below-consensus third-quarter EBITDA guidance and the withdrawal of fiscal 2026 guidance, which it called “the key negative.” The analyst cited limited visibility and said execution under the new interim CEO will be critical. Also on February 9, Citi lowered its price target to $3 from $3.50 and maintained a Neutral rating, viewing the earnings report as mixed and pointing to uncertainty following the pulled fiscal 2026 outlook.

Coty reported second-quarter revenue of $1.68 billion on February 6, 2026, above the $1.66 billion consensus estimate. Markus Strobel, Executive Chairman and Interim CEO, said he joined the company at a pivotal moment and pointed to its brands, fragrance innovation capabilities, vertically integrated model, and entrepreneurial organization. He acknowledged that financial performance over the past year and a half has been disappointing and that the current share price reflects that reality, noting that while Coty has strong assets, results have not met expectations.

Coty Inc. (NYSE:COTY) manufactures, markets, and sells branded beauty products globally through its Prestige and Consumer Beauty segments, offering fragrance, cosmetics, and skin and body care products.

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