UPDATE: Credit Suisse Initiates Coverage on Avon Products on Two Steps Forward, One Step Back
November 19, 2013 at 08:13 AM EST
In a report published Tuesday, Credit Suisse analyst Michael Steib initiated coverage on Avon Products (NYSE: AVP ) with a Neutral rating and $19.00 price target. In the report, Credit Suisse noted, “AVP's new management is making progress, albeit unevenly, toward its long term goals of midsingle-digit sales growth and