Colgate-Palmolive: Jefferies raises target price

(CercleFinance.com) - On Monday an analyst at Jefferies confirms his "Hold" rating on the Colgate-Palmolive stock, although has raised his target price from 66 dollars to 70 dollars (current share price almost 69 dollars).


"A defensive portfolio, momentum in home care / Hill's, e-com investments, and productivity "muscle" position CL well to weather C-19/recession storm," the broker said.


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