Citigroup Maintains Buy on Colgate-Palmolive, Lowers Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Filippo Falorni has maintained a 'Buy' rating on Colgate-Palmolive (NYSE:CL) but lowered the price target from $92 to $85.

October 11, 2023 | 4:14 pm
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Citigroup has maintained a 'Buy' rating on Colgate-Palmolive but lowered the price target from $92 to $85.
The news is directly related to Colgate-Palmolive. While the 'Buy' rating is maintained, the lowering of the price target might indicate a slower growth expectation. However, the impact on the stock price is uncertain as the lowered target is still a 'Buy' recommendation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100