Avon Products price target raised to $26 from $21 at Deutsche Bank Deutsche Bank raised its price target for Avon Products shares following the company's Q4 results and maintains a Buy rating on the name. The firm says Avon's turnaround is showing solid early progress.
Citi defends recent downgrade of Avon Products Citigroup says that following investor pushback, it is defending its September 8 downgrade of Avon Products to Neutral. The firm says it is comfortable with below consensus estimates given the recent strengthening of the U.S. dollar relative to several currencies. Citi adds that it has less confidence in Avon's turnaround following the departure of CFO Ross. It keeps a Neutral rating on the stock with a $15 price target.