9:04 ET -- Colgate-Palmolive is uniquely positioned to succeed amid the uncertain global macroeconomic landscape, Redburn Atlantic analyst Edward Lewis says in a research note. He cites resilient growth opportunities in categories including pet food and in geographies such as Latin America, where foreign exchange is trending favorably this year. Lewis also notes that the company's absolute and relative valuation is below multi-year average levels. Colgate will likely continue to face pressure in the U.S., but new innovation could drive a recovery there, Lewis says. Additionally, while higher energy prices could pressure margins this year, Lewis says he sees earnings remaining resilient, given Colgate's strong track record on productivity savings. Redburn Atlantic upgrades Colgate to buy from neutral and raises its price target to $100 from $93. (connor.hart@wsj.com)
(END) Dow Jones Newswires
April 21, 2026 09:04 ET (13:04 GMT)
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