Third Point Confirms Colgate-Palmolive (CL) Stake in Q3 Letter
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Deutsche Bank Backs Third-Point Valuation Claims Regarding Colgate-Palmolive Company (CL)
October 18, 2022 12:28 PM EDTDeutsche Bank analyst Steve Powers reiterated a Buy rating and $85.00 price target on Colgate-Palmolive Company (NYSE: CL)
The analyst comments "CNBC today reported that Third Point had acquired a "significant" position in CL of late (valued at approximately $1 billion per reports, up from a stake valued at ~$150 million as of June 30). According to CNBC's reporting (citing an investor letter), Third Point sees CL's business... More
Third Point Builds a Position in Colgate-Palmolive (CL) According to CNBC's David Faber
October 18, 2022 10:04 AM EDTHedge fund manager Dan Loeb, the founder and chief executive of Third Point, has accumulated a stake in Colgate-Palmolive (NYSE: CL), CNBC's David Faber revealed on Tuesday.
Faber said that Loeb had taken a roughly $1 billion stake in the company as he sees... More
Colgate-Palmolive (CL) call put ratio 57 calls to 1 put as shares rally 2.8%
October 18, 2022 9:42 AM EDTColgate-Palmolive (NYSE: CL) call put ratio 57 calls to 1 put as shares rally 2.8%
Third Point Has Stake in Colgate-Palmolive (CL) - CNBC
October 18, 2022 9:39 AM EDT(Updated - October 18, 2022 9:42 AM EDT)
Dan Loeb's Third Point has a stake in Colgate-Palmolive (NYSE: CL), according to CNBC's Faber, citing a letter.
Third Point thinks the company could be split up.
... More