Wells Fargo raised the firm’s price target on Colgate-Palmolive to $88 from $80 and keeps an Equal Weight rating on the shares. After a tough run for Colgate-Palmolive, better 2019-2023 on 2023 +9.6% year-over-year as inflation cooled, the question of whether Colgate-Palmolive is on the verge of a new horizon remains, the firm argues.
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