Coty (COTY) shares were down more than 8% in recent Tuesday trading after BofA Securities downgraded the stock to underperform.
Separately, BNP Paribas also downgraded the stock to neutral from outperform.
Trading volume stood at over 12.3 million shares against a daily average of roughly 7.5 million.
Price: 4.76, Change: -0.44, Percent Change: -8.38