Bernstein Calls Colgate’s (CL) Geographic Footprint the ‘Most Productive,’ Initiates at Market Perform

Colgate-Palmolive Company (NYSE:CL) is included among the 10 Best S&P 500 Dividend Stocks to Buy Right Now.

Bernstein Calls Colgate’s (CL) Geographic Footprint the ‘Most Productive,’ Initiates at Market Perform

Bernstein initiated coverage of Colgate-Palmolive Company (NYSE:CL) on June 12 with a Market Perform rating. It also set a $96 price target on the stock. Analyst Cristian Rios described Colgate as having the “most productive” geographic footprint among the companies under Bernstein’s coverage. According to the firm, the company has been able to balance geographic diversification with growth opportunities. Bernstein assigned a neutral rating largely due to valuation, while estimating the total upside potential of about 9% from current levels.

Earlier in May, Barclays raised its price recommendation on CL to $80 from $79. It reiterated an Equal Weight rating on the shares. The firm said it believes the company is placing greater emphasis on achieving a better balance between volume growth and pricing as it moves through 2026.

Colgate-Palmolive Company (NYSE:CL) is a growth-focused business with operations across Oral Care, Personal Care, Home Care, and Pet Nutrition.

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