NEW YORK (TheStreet) -- Avon Products (AVP - Get Report) shares are tumbling 1.03% to $4.80 in Tuesday's pre-market trading session after Piper Jaffray today lowered its rating to "neutral" from "overweight," saying shares are fairly valued.
The firm, which currently has a $5 price target on the stock, believes visibility has improved coming out of the company's analyst day in January.
With that being said, it appears that execution likely extends into 2017 to 2018 to extrapolate the value from these efforts.
But, there are several risks going forward since revenue growth exclusively depends on international markets, where economic volatility is persistent and inflation is present.
Based in New York, Avon Products manufactures and markets beauty and related products worldwide.
Separately, TheStreet Ratings currently has a "Sell" rating on the stock with a letter grade of D.
The company's weaknesses can be seen in multiple areas, such as its weak operating cash flow and generally disappointing historical performance in the stock itself.
Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles' author.
You can view the full analysis from the report here: AVP