Lucy Nieves
3
All posts from Lucy Nieves
Lucy Nieves in Barbie Stocks,

Avon Products Faces A Lengthy Turnaround

UBS analyst Stephen Powers stuck to his Sell rating on Avon Products, Inc. , despite the cosmetics company delivering bottom line upside versus the Street for the second quarter.

"Despite valid positives, quality of growth prevents full optimism," Powers wrote in a note.

Powers is concerned with the company's troubles in its end markets, rising competition and the "disappointing" -2 percent unit volume performance in the second quarter.

via