Tiger Brokers

BUZZ-Colgate shares climb on Piper Sandler upgrade to 'overweight'

Reuters
Jan 07
BUZZ-Colgate shares climb on Piper Sandler upgrade to 'overweight'

** Shares of toothpaste maker Colgate-Palmolive CL.N rise nearly 1% to $77.85 premarket

** Piper Sandler upgrades stock rating to "overweight" from 'neutral'; raises PT to $88 from $82, representing ~14% upside to stock's last close

** Brokerage expects CL to have experienced continued softness in both revenue and earnings momentum in 4Q25, driven primarily by weaker trends in the U.S.

** However, brokerage says growth could reaccelerate in 2026, supported by early signs of improvement in emerging markets

** Twenty-two analysts rate the stock "buy" on average; median PT is $88 -- data compiled by LSEG

** As of last close, CL is down ~12% in the past 12 months

(Reporting by Akriti Shah in Bengaluru)

((akriti.shah@thomsonreuters.com))

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