Central bank meetings, Apple, corporate earnings - what's moving markets

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Colgate-Palmolive Company (CL) PT Raised to $115 at TD Cowen

July 29, 2024 1:10 PM EDT

TD Cowen analyst Robert Moskow raised the price target on Colgate-Palmolive Company (NYSE: CL) to $115.00 (from $110.00) while maintaining a Buy rating.

The analyst comments "Colgate delivered a high quality 2Q and raised guidance meaningfully. Consistent with our positive thesis, volume growth continued to... More

Apple price target raised at TD Cowen on AI upgrades

July 29, 2024 9:40 AM EDT

TD Cowen analysts raised their price target for Buy-rated Apple (NASDAQ: AAPL) to $250 from $220, citing anticipated upgrades in artificial intelligence (AI) and favorable trends in emerging markets.

In their latest note, the firm projects a positive outlook for Apple's iPhone and other product lines, highlighting potential growth driven by AI enhancements and strong gross margins.

TD Cowen models Apple to report 4% year-over-year revenue growth for the June... More

Colgate-Palmolive Company (CL) PT Raised to $101 at Jefferies

July 29, 2024 6:06 AM EDT

Jefferies analyst Kaumil Gajrawala raised the price target on Colgate-Palmolive Company (NYSE: CL) to $101.00 (from $95.00) while maintaining a Hold rating.

The analyst comments "Colgate had to deliver a perfect qtr to sustain its 27x NTM P/E multiple. They did. Brand reinvestments are working,... More

Colgate-Palmolive Company (CL) PT Raised to $112 at Evercore ISI

July 29, 2024 5:34 AM EDT

Evercore ISI analyst Robert Ottenstein raised the price target on Colgate-Palmolive Company (NYSE: CL) to $112.00 (from $106.00) while maintaining a Outperform rating.

The analyst comments "Friday, Colgates shares closed at a 30% premium to Staples, 5 points above its 20-year trading range. We do not expect CL to regress... More