Colgate-Palmolive (CL) Reports In-Line Q3 EPS

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Go back to Colgate-Palmolive (CL) Reports In-Line Q3 EPS

Colgate-Palmolive Company (CL) PT Lowered to $73 at Stifel on 3Q Report; 'Gross Margin Pressure from Higher Raw Material & Packaging Costs'

October 30, 2017 7:54 AM EDT

Stifel lowered its price target on Colgate-Palmolive Company (NYSE: CL) to $73.00 (from $75.00) while maintaining a Hold rating, following the company's third quarter earnings report.

Analyst Mark Astrachan notes the company reported third quarter earnings per share in-line with estimates, with management reporting "accelerating... More

Colgate-Palmolive Company (CL) PT Lowered to $76 at Jefferies Following 3Q Report

October 30, 2017 7:43 AM EDT

Jefferies lowered its price target on Colgate-Palmolive Company (NYSE: CL) to $76.00 (from $79.00) while maintaining a Hold rating following the company's 3Q earnings report. CL delivered +1.5% organic sales, in-line vs. Street estimates, but well below the company's LT 4-7% target. Worse GM/SG&A%... More