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BofA Lifts Colgate-Palmolive (CL) Outlook as Company Begins Execution of 2030 Strategic Plan
BofA has raised its price target for Colgate-Palmolive (CL) to $105 from $100 and maintained a Buy rating, citing increased confidence in the company’s business momentum and its 2030 Strategic Plan. The plan focuses on strengthening global brands, accelerating innovation, expanding omnichannel demand, and improving supply chain efficiency with digital tools and AI. Colgate-Palmolive reported stronger-than-expected results in Q4 2025 and anticipates its new strategy will drive continued growth across its core segments.