Welcome Guest to Happi

Subscribe Free: Magazine | eNewsletter

current issue August 2015
 •  Split End Science  •  The Latest Active at Silab  •  FarmHouse Fresh Tapped by Dollywood's DreamMore Resort  •  Stepan Named EPA Safer Choice Partner of the Year  •  City of Hope Honors Pravana Founder & CEO Steve Goddard
Print

Despite Toothpaste Woes, Analysts Like Colgate



Published July 12, 2007
Related Searches: growth colgate financial innovation
Post a comment
Colgate-Palmolive made headlines last month when several counterfeit tubes of toothpaste were found to contain diethylene glycol, a sweet-tasting, but potentially dangerous chemical.

Despite the bad PR, Morgan Stanley upgraded Colgate to Overweight, citing cost savings, strong operating fundamentals and the weak dollar as providing a potential upside to earnings estimates.

Meanwhile, Zacks senior consumer goods analyst Steven Ralston, CFA reiterated his Hold rating for shares of Colgate-Palmolive. He noted that Colgate has had a stellar long-term growth record, as well as a history of tight financial controls and new product innovations.


blog comments powered by Disqus