Oil prices edge higher ahead of more rate cues; weekly gains on tap
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April 29, 2024 9:56 AM EDT
Deutsche Bank analyst Steve Powers raised the price target on Colgate-Palmolive Company (NYSE: CL) to $98.00 (from $94.00) while maintaining a Buy rating.
The analyst comments "Looking ahead, CL reiterated its full-year adjusted EPS outlook (+MSD-HSD growth), baking in sufficient conservatism, in our view, and... More
April 29, 2024 7:03 AM EDT
BofA Securities analyst Brian Spillane raised the price target on Colgate-Palmolive Company (NYSE: CL) to $100.00 (from $90.00) while maintaining a Buy rating.
The analyst comments "CL opened the year with organic sales growth of +9.8% and high-quality EPS of $0.86 vs our $0.82 forecast. Pricing growth of +8.5%... More
April 29, 2024 6:35 AM EDT
RBC Capital analyst Nik Modi raised the price target on Colgate-Palmolive Company (NYSE: CL) to $95.00 (from $88.00) while maintaining a Sector Perform rating.
The analyst comments "Another impressive print for CL, displaying robust topline growth with upside coming from pricing and volume. Margin strength was... More
April 29, 2024 5:48 AM EDT
Wells Fargo analyst Chris Carey raised the price target on Colgate-Palmolive Company (NYSE: CL) to $92.00 (from $90.00) while maintaining a Equal Weight rating.
The analyst comments "Most angles of CL valuation will show it at the highest relative premiums to HPC peers... More
April 26, 2024 7:03 AM EDT
Colgate-Palmolive (NYSE: CL) shares climbed 3% following the release of their first-quarter earnings, which surpassed analyst expectations. The company reported an adjusted EPS of $0.86, which was $0.05 higher than the consensus estimate of $0.81. Revenue for the quarter was also above expectations at $5.07 billion, compared to the estimated $4.96 billion.
The company's net sales saw a 6.2% increase, and organic sales grew by 9.8%, signaling robust performance across all divisions and categories. This... More
