Colgate-Palmolive Company (CL) PT Lowered to $81 at JPMorgan

Go back to Colgate-Palmolive Company (CL) PT Lowered to $81 at JPMorgan

Stifel sees more upside in Colgate-Palmolive (CL) shares

October 16, 2023 10:45 AM EDT

Stifel analyst Mark Astrachan upgraded Colgate-Palmolive (NYSE: CL) shares to Buy from Hold, reducing the price target to $81 from $85 per share in a note.

Astrachan told investors that the re-rating reflects the "modest multiple expansion on improving fundamentals coupled with what we view as... More