Colgate-Palmolive price target raised to $100 from $94 at Goldman Sachs

Goldman Sachs analyst Bonnie Herzog raised the firm’s price target on Colgate-Palmolive (CL) to $100 from $94 and keeps a Buy rating on the shares. The firm has come away from the management’s presentation incrementally positive, believing that a combination of steps that Colgate-Palmolive is taking as part of SGPP and its 2030 strategic plan, along with its favorable emerging market exposure, innovation launches, easing compares and a lower drag from private label pet food exit should support a sequential acceleration of growth in FY26, the analyst tells investors in a research note.