UPDATE: Canaccord Genuity Upgraded Colgate- Palmolive and Raised PT
October 25, 2013 at 13:05 PM EDT
In a report published Friday, Canaccord Genuity analyst Eddy Hargreaves upgraded Colgate- Palmolive Company (NYSE: CL ) to Sell Hold and raised the PT from $52 to $58 after “impressive” Q3 results. Canaccord noted the emerging market pressure in which Colgate dominated this quarter. Hargreaves specifically compares Colgate and Unilever