Colgate-Palmolive's (NYSE:CL) stock performance, business activities and market predictions have recently received significant attention. Investment firms, such as Two Sigma Advisers LP, Vident Advisory LLC, and Worldquant Millennium Advisors LLC, among others, have increased their stake in the company. American business television personality Jim Cramer praised it as a hidden winner in the China tariff war and dubbed it a recession-resistant winner. It also garnered recognition among Defensive Stocks, with finance experts recognizing it as a potential long-term investment.
However, the company experienced a significant bearish options activity, and its shares fell due to Foreign Exchange Rates and Economic Uncertainty. Although Nomura Holdings Inc and Nuveen Asset Management LLC have lowered their stock holdings, the Q1 2025 earnings call signaled the company's active response in navigating tariff challenges. Analysts anticipate a consensus target price of $102.12 for its shares. It will host its 2025 Annual Meeting of Stockholders on May 9, 2025.
Colgate-Palmolive Company CL News Analytics from Sat, 12 Oct 2024 07:00:00 GMT to Sat, 24 May 2025 15:10:52 GMT - Rating 4 - Innovation 6 - Information 7 - Rumor -5