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Colgate-Palmolive is due for a turnaround, one analyst says. Here’s what can drive it.
Colgate-Palmolive Co. shares are down 4.9% Friday despite the toothpaste and toothbrush giant reporting better-than-expected fourth-quarter profit and hitting a full-year revenue milestone. However, the company’s revenue guidance came in below Wall Street’s expectations.
Colgate-Palmolive price target lowered to $93 from $95 at Stifel
Stifel lowered the firm’s price target on Colgate-Palmolive (CL) to $93 from $95 and keeps a Hold rating on the shares. Following “mixed” 2024
Colgate-Palmolive Co (CL) Stock: Surpassing Expectations in the Market?
Colgate-Palmolive Co (CL) stock saw a decline, ending the day at $86.7 which represents a decrease of $-4.19 or -4.61% from the prior close of $90.89. The stock opened at $85.43 and touched a low of $85.
Why Colgate-Palmolive Stock Fell Today
Shares of Colgate-Palmolive (NYSE: CL) pulled back today after the household products giant missed the mark on the top line in its fourth-quarter earnings report and gave a weak outlook. Revenue growth slowed down from earlier in the year as price hikes it had previously implemented rolled off.
7h
Colgate-Palmolive price target lowered to $105 from $110 at Raymond James
Raymond James lowered the firm’s price target on Colgate-Palmolive (CL) to $105 from $110 and keeps an Outperform rating on the shares. The ...
21h
on MSN
Major brands Nestle, Tyson, Shell, and Colgate added to X lawsuit alleging multi-billion-dollar plot to withhold ad revenue
X added seven companies to its lawsuit Saturday, alleging they partook in a World Federation of Advertisers-coordinated (WFA) ...
1h
on MSN
Musk adds Shell, Nestlé, Lego to X advertiser ‘boycott’ lawsuit
Elon Musk’s X is adding several more companies to its lawsuit accusing firms of conspiring on an advertising “boycott” on the ...
3d
on MSN
Colgate-Palmolive EPS Up, Revenue Lags
Colgate-Palmolive reported stable earnings for Q4 2024, beating EPS estimates but just missing revenue expectations.
3d
Colgate looking to reduce the impact of possible tariffs on toothpaste made in Mexico
Colgate Palmolive is looking at ways to reduce the impact of possible tariffs on its toothpastes, which the company ...
1d
on MSN
Elon Musk's X sues Lego, Shell, more companies over advertising 'boycott' from platform
Elon Musk's X is suing more companies, alleging they joined a group of advertisers illegally conspiring to boycott the social ...
21h
Colgate CEO points to urban warfare via deep discounts
Colgate-Palmolive CEO Noel Wallace highlighted intense discounting wars among consumer goods companies in India due to ...
3d
on MSN
Colgate-Palmolive sees weaker annual sales on demand slowdown
Toothpaste maker Colgate-Palmolive forecast annual sales below Wall Street expectations after missing quarterly sales ...
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