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Argus Cuts Colgate-Palmolive (CL) to Hold

November 3, 2009 3:43 PM EST
CL Hot Sheet
Rating Summary:
    6 Buy, 8 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 24 | Down: 11 | New: 36
Hearing that Argus Research has issued an intraday downgrade on shares of Colgate-Palmolive (NYSE: CL). The firm now has a Hold rating on the Consumer stock.

Shares do not appear to be responding. The stock most recently traded at $77.44, down 1.6% from yesterday's closing price.

Colgate-Palmolive Company, together with its subsidiaries, manufactures and markets consumer products worldwide.

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