tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Colgate-Palmolive price target lowered to $96 from $104 at Morgan Stanley

Morgan Stanley lowered the firm’s price target on Colgate-Palmolive (CL) to $96 from $104 and keeps an Overweight rating on the shares. Q2 results “should do little to change the debate on Colgate,” according to the analyst, who favors Coca-Cola (KO), Keurig Dr Pepper (KDP), Philip Morris (PM) and Monster Beverage (MNST) outside of health and personal care. However, Colgate remains a “relative” Overweight within household products, the analyst contends.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1