RBC Capital Maintains Sector Perform on Colgate-Palmolive, Raises Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Nik Modi has maintained a 'Sector Perform' rating on Colgate-Palmolive (NYSE:CL) and raised the price target from $79 to $80.

October 30, 2023 | 5:33 pm
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RBC Capital has maintained its 'Sector Perform' rating on Colgate-Palmolive and raised the price target to $80.
The news is directly about Colgate-Palmolive. RBC Capital's decision to maintain the 'Sector Perform' rating indicates that they believe the company's stock will perform at a pace consistent with other companies in the sector. The slight increase in the price target could suggest a slightly more positive outlook, but it's not a significant change, so the impact on the stock price is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100