Colgate-Palmolive price target raised to $96 from $95 at JPMorgan

JPMorgan raised the firm’s price target on Colgate-Palmolive (CL) to $96 from $95 and keeps an Overweight rating on the shares. The firm remains positive on Colgate post the Q1 report. The company is well positioned to continue to outperform peers, as it benefits from a higher percentage of sales coming from faster-growing emerging markets, the analyst tells investors in a research note.