Wells Fargo lowered the firm’s price target on Colgate-Palmolive (CL) to $77 from $80 and keeps an Underweight rating on the shares. The firm lowers revenue/EBIT offset by below-the-line to hold EPS, trimming its target. Wells’ one-year call on Colgate-Palmolive has basically played out and the air pocket on fundamentals and valuation seems no more. The key debate from here is whether improvement is in-store, the firm adds.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CL:
- Midday Fly By: Apple, Amazon upbeat reports lift Nasdaq
- Morning Movers: Brighthouse Financial surges after take-private deal report
- Colgate-Palmolive Launches Strategic Growth Program
- Options Volatility and Implied Earnings Moves Today, October 31, 2025
- Colgate-Palmolive reports Q3 base EPS 91c, consensus 89c