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Stock Market & Financial Investment News

News Breaks
February 14, 2014
08:02 EDTAVPAvon Products price target lowered to $18-$19 from $22-$23 at Wells Fargo
Wells Fargo cut its target on Avon after the company reported lower than expected revenue. The firm thinks the company's fundamentals remain poor, but believes that the shares already reflect the company's recent setbacks, while even moderate improvements could cause the stock to rebound. Wells keeps an Outperform rating on the shares.
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August 12, 2014
08:39 EDTAVPAvon Products risk/reward has improved, says Wells Fargo
Wells Fargo sees an improved risk/reward on shares of Avon Products after meeting with the company's CEO Sheri McCoy and CFO Kimberly Ross. Wells believes a bottom may be forming with management pointing to progress and easing comps on both the top and bottom line. Wells keeps an Outperform rating on the stock.

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