Analyst Price Targets Rise as Colgate-Palmolive Rating Reiterated
Royal Bank of Canada reiterated an “outperform” view on Colgate-Palmolive, implying about 17.6% upside. Citigroup raised its price target to $110 and kept a buy rating. The quarter’s revenue was $5.36B, matching expectations, while trading volume was below average and insiders sold shares worth $16.1M over the last three months.