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Stock impact report

Colgate-Palmolive (CL) – One of the 15 Best Low Volatility Blue Chip Stocks to Buy Now [Yahoo! Finance]

Colgate-Palmolive Company (CL) 
Last colgate-palmolive company earnings: 5/1 06:55 am Check Earnings Report
US:NYSE Investor Relations: investor.colgatepalmolive.com
Company Research Source: Yahoo! Finance
Colgate-Palmolive (CL) - One of the 15 Best Low Volatility Blue Chip Stocks to Buy Now On April 7, UBS lowered its price recommendation on Colgate-Palmolive Company (NYSE:CL) to $98 from $100. It kept a Buy rating and said Q1 results across much of the consumer staples group should be “okay.” The analyst expects organic revenue growth to show some stabilization. The bigger focus is on forward guidance, as inflation is likely to put more pressure on earnings in the second half and possibly beyond. A week earlier, on March 31, TD Cowen downgraded Colgate-Palmolive to Hold from Buy. The firm also cut its price target to $85 from $96 and reduced earnings estimates to reflect rising input costs. The analyst pointed to higher prices for oil-based inputs and tallow, which are up 40% compared to last year on the Chicago Mercantile Exchange. While some investors see Colgate's presence in emerging markets as a source of pricing power, the firm noted that a 13% negative revision to consensu Show less Read more
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