COTY INC-A (COTY) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of COTY INC-A (COTY) from OUTPERFORM to NEUTRAL on July 02, 2014, with a target price of $18.80.

Coty Inc. is involved in the manufacturing, marketing and distribution of beauty products. It operates in three segments: Fragrances, Colour Cosmetics and Skin & Body Care. The Company's brand consists of adidas, Calvin Klein, Chloe, Davidoff, Marc Jacobs, OPI, philosophy, Playboy, Rimmel and Sally Hansen. It sells the products through department stores, specialty retailers, perfumeries and pharmacies, mass-market retailers and duty-free shops in airports and cities and e-commerce channels. Coty Inc. is headquartered in New York.

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