Barclays raised the firm’s price target on Colgate-Palmolive to $75 from $73 and keeps an Equal Weight rating on the shares. Colgate’s Q3 results were solid, but in a market that is less enthused by consumer staples, and with limited upside to earrings over the next 12 months, “we have a hard time seeing the stock appreciate much further from here,” the analyst tells investors in a research note.
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