BUZZ-Colgate-Palmolive shares rise as RBC upgrades to 'outperform'

Reuters
2025/12/09
BUZZ-Colgate-Palmolive shares rise as RBC upgrades to 'outperform'

** Shares of toothpaste maker Colgate-Palmolive CL.N rise nearly 1% to $76.65 before the bell

** RBC Capital Markets upgrades stock rating to "outperform" from "sector perform"

** Brokerage says that while 2026 will remain challenging, current expectations are low, creating a favorable setup for co to return to long-term growth

** Over the past two years, consumer staples have faced repeated downward revisions amid a challenging global environment, slowing category growth, and macro pressures, says brokerage

** "Despite the pressure, CL had been resilient up until recently, delivering 24 straight quarters of organic sales growth, at or above their LT (long-term) algorithm" - RBC

** Average rating of 22 analysts is "buy"; median PT $88 - data compiled by LSEG

** As of last close, co is down nearly 16.3% YTD

(Reporting by Akriti Shah in Bengaluru)

((akriti.shah@thomsonreuters.com))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10