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BAML sees value in Colgate-Palmolive

Sep. 12, 2016 7:30 AM ETColgate-Palmolive Company (CL) StockCLBy: Clark Schultz, SA News Editor
  • Bank of America Merrill Lynch upgrades Colgate-Palmolive (NYSE:CL) to a Buy rating after having the consumer products seller rated at Neutral.
  • BAML thinks Colgate-Palmolive is in a good position to return to double-digit growth.
  • The investment firm sets a price target of $80. Citigroup has a Street high PT of $88 on Colgate-Palmolive.
  • CL -0.49% premarket to $70.51.

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