Colgate rises after Deutsche Bank upgrade

Colgate-Palmolive

30/03/2026 13:11

** Toothpaste maker Colgate-Palmolive CL.N shares add 1.3% to $85.34 premarket

** Deutsche Bank upgrades the stock to "buy" from "hold"

** Brokerage says they see a quality and durable core franchise making the right long-term investments behind the company's 2030 Strategy, with ample P&L flexibility to weather current volatility

     ** Hikes PT to $98 from $90, implying a more than 16% upside to CL's close on Friday

** Up to last close, stock up 6.7% YTD

 (Reporting by Avinash P in Bengaluru)

 ((Avinash.P@thomsonreuters.com;))