JPMorgan lifts Colgate price target to $96: Why emerging markets are powering the defensive trade

MSN
2026.05.04 21:41
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Quick Read JPMorgan raised its Colgate-Palmolive (CL) stock price target to $96 from $95, citing emerging markets exposure and a strong Q1 2026 beat that positions it to outperform staples peers. Colgate-Palmolive’s defensive appeal and 60-year dividend track record anchor its portfol...