Colgate-Palmolive (CL) was upgraded to buy from hold at Deutsche Bank, which lifted its price target to $86 from $84. Analyst Steve Powers said the company has worked over the last three years to instill a growth mindset that's being overlooked by the market. The analyst added the recent stock performance differentials between itself and peers -- notably Procter & Gamble (PG) -- are too severe.
(END) Dow Jones Newswires
September 20, 2021 05:45 ET (09:45 GMT)
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