B of A Securities Maintains Buy on Colgate-Palmolive, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Bryan Spillane has maintained a Buy rating on Colgate-Palmolive (NYSE:CL) and increased the price target from $90 to $100.
April 29, 2024 | 12:25 pm
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POSITIVE IMPACT
B of A Securities has reaffirmed its Buy rating on Colgate-Palmolive and raised the price target from $90 to $100.
The upgrade in the price target by a reputable analyst like Bryan Spillane signals a strong confidence in Colgate-Palmolive's future performance. This is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price as the market adjusts to the new price target.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100