Goldman Sachs Reinstates Buy on Colgate-Palmolive, Announces $93 Price Target
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Jason English reinstated Colgate-Palmolive (NYSE:CL) with a Buy rating and set a price target of $93.
March 01, 2024 | 12:07 pm
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Goldman Sachs reinstated Colgate-Palmolive with a Buy rating and a $93 price target.
The reinstatement of a Buy rating by a prominent analyst like Goldman Sachs, coupled with a significant price target, suggests a positive outlook for Colgate-Palmolive's stock. This endorsement is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100