Barclays Raises Colgate (CL) Target Amid Improved 2026 Growth Outlook

Barclays raised its target price for Colgate-Palmolive Company (NYSE:CL) to $88 from $83 and maintained an Equal Weight rating. The analyst expects growth in 2026 to look better than 2025, but notes that the company may not benefit from inflation-driven pricing in emerging markets as it has in the past. Colgate forecast full-year sales above expectations and has held its ground despite price sensitivity in North America. The company expects 2026 net sales growth of 2% to 6%.