Stifel Downgrades Colgate-Palmolive to Hold, Lowers Price Target to $101
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Mark Astrachan has downgraded Colgate-Palmolive from Buy to Hold and reduced the price target from $105 to $101.
October 28, 2024 | 12:21 pm
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Stifel analyst Mark Astrachan downgraded Colgate-Palmolive from Buy to Hold, reducing the price target from $105 to $101.
The downgrade from Buy to Hold and the reduction in price target suggest a less optimistic outlook for Colgate-Palmolive, which could lead to a short-term negative impact on the stock price.
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