Jefferies raises Colgate-Palmolive stock price target on emerging markets strength
Jefferies has increased its price target for Colgate-Palmolive (NYSE:CL) to $89 from $88, citing strong performance in emerging markets. Despite a "Hold" rating, the firm acknowledges Colgate-Palmolive as a prime way to access emerging market growth within U.S. household and personal care equities. However, …