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Coty stock forecast benefits from broader sector tailwinds
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Coty stock forecast benefits from broader sector tailwinds as the S&P Consumer Staples index trends upward, signaling increased investor confidence in defensive growth names. Here at Zacks, we put a great deal of emphasis on a company's changing earnings outlook, as empirical research has shown that's a powerful force driving a stock's near-term price performance. Quite naturally, the correlation is positive here -- an upward revision in earnings estimates drives the stock price higher. Our team is working diligently to resolve the issue. Thank you for your patience and understanding. The current Coty stock forecast points to potential breakout levels at $13.50, supported by improving operational margins and strong performance in the prestige segment. Investors are eyeing EPS growth moving into Q4