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Analysts raised their price targets for Colgate-Palmolive after the company’s strong Q3 earnings.

ResultsRead the original at Benzinga
Good for CL

Colgate-Palmolive beat sales and profit estimates and raised its expected profit growth. Its sales range tops out just below analysts’ estimate, but stronger profit results and forecasts make the report favorable.

CL · Colgate-Palmolive Company

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The AI's read

That points to more profit from the business than the company had expected. Sales should still grow, but the top of the new range is just below analysts’ estimate. The profit beat and stronger profit forecast make the report favorable overall.

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