Coty Inc. (NYSE:COTY) is an overlooked penny stock to invest in, with TD Cowen cutting its price target to $3.40 from $3.50 on January 21, suggesting a 4% upside potential. Barclays also reduced its price target to $3 on January 16, citing concerns about company and sector fundamentals. Jefferies assumed coverage with a Hold rating and a $3.50 price target on January 14.

Coty Inc. (NYSE:COTY) is a New York-based provider of branded beauty products worldwide, operating through Prestige and Consumer Beauty segments.

While Coty Inc. (NYSE:COTY) shows investment potential, some AI stocks may offer greater upside with less downside risk. For an undervalued AI stock with potential benefits from Trump-era tariffs and onshoring trend, check out the best short-term AI stock.

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Read more at Yahoo Finance: TD Cowen Trims Coty Inc. (COTY) Target Ahead of Q4, Keeps Hold Rating