Colgate Elects Steve Cahillane to Board of Directors

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Go back to Colgate Elects Steve Cahillane to Board of Directors

Colgate-Palmolive (CL) shares gain as Morgan Stanley says the recent pullback offers a good entry point

January 30, 2023 8:22 AM EST

Morgan Stanley analyst Dara Mohsenian upgraded Colgate-Palmolive (NYSE: CL) to Overweight from Equal-Weight with a price target of $82 per share on Monday.

The analyst also labeled the stock as the firm's top Household Products pick, stating that the recent pullback in CL's share price offers a good entry point into a "solid long-term... More