High Oil Prices Will Hurt Colgate-Palmolive Stock According to Wall Street

TD Cowen analyst Robert Moskow downgraded Colgate-Palmolive from Buy to Hold and cut his price target to $85 from $96 (−11.5%), citing surging oil-based input costs tied to the Iran War. The downgrade signals growing margin pressure from higher commodity/energy costs and increases downside risk to near-term company fundamentals and estimates.

Analysis

TD Cowen analyst Robert Moskow downgraded Colgate-Palmolive from Buy to Hold and cut his price target to $85 from $96 (−11.5%), citing surging oil-based input costs tied to the Iran War. The downgrade signals growing margin pressure from higher commodity/energy costs and increases downside risk to near-term company fundamentals and estimates.