Hagens Berman Launches Investigation into Coty Inc. (COTY); Berenberg Reduces Price Target

Coty Inc. (NYSE:COTY) is one of the 10 Cheapest Penny Stocks to Buy Now.

On September 22, 2025, Hagens Berman, which is a shareholder-rights law firm, launched an investigation into Coty Inc. (NYSE:COTY).

This follows a 21% stock drop on August 21 when Coty Inc. (NYSE:COTY) cited “retailer inventory destocking issues” in its weak Q4 and full-year results. The investigation aims to determine whether the company misled investors about its growth trajectory and the effectiveness of its SAP S/4HANA digital inventory strategy.

Meanwhile, on September 10, 2025, Berenberg reduced the price target on Coty Inc. (NYSE:COTY) from $6.50 to $5.05. The price revision reflects weaker sales growth expectations, reduced FY2026 EPS forecasts, and pressure on margins from tariff headwinds and the restoration of variable compensation.

Coty Inc. (NYSE:COTY), one of the world’s largest beauty companies, manufactures and markets fragrances, color cosmetics, and skin and body care products across the globe. It is one of the 10 Cheapest Penny Stocks to Buy Now.

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Disclosure: None.