BofA Upgrades CL, EL to Buy, Downgrades PG to Neutral

In the Consumer sector Thursday morning, an analyst at BofA Merrill Lynch revised ratings on several stocks:

• upgraded Colgate-Palmolive (NYSE: CL) from Neutral to Buy
  
• upgraded Estee Lauder (NYSE: EL) from Neutral to Buy
  
• downgraded Procter & Gamble (NYSE: PG) from Buy to Neutral

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