TD Cowen is Bullish on Colgate-Palmolive Company (CL)

By Fatima Gulzar | January 14, 2026, 11:11 AM

Colgate-Palmolive Company (NYSE:CL) is among the 7 Best Beauty Stocks to Buy Right Now.

TD Cowen is Bullish on Colgate-Palmolive Company (CL)

On January 8, 2026, TheFly reported that TD Cowen reduced Colgate-Palmolive Company (NYSE:CL)’s price target from $90 to $86 and maintained a Buy rating. TD Cowen’s projection for consumer staples in 2026 included the change. The corporation anticipates a difficult year for large-cap consumer staples, with pricing projected to stay restrained and volume growth unlikely to significantly improve from the negative 0.9% reported in 2025.

Separately, on January 7, 2026, Piper Sandler upgraded its price target from $82 to $88 and raised Colgate-Palmolive Company (NYSE:CL) from Neutral to Overweight. The firm observes that the shares are already priced for the ongoing Q4 decline. Piper forecasts that the company’s growth may pick up speed in 2026 due to early indications of growth in emerging markets. The firm stresses the corporation’s lower dependency on the US market due to its involvement in emerging markets and believes the company’s price is attractive if growth occurs.

Colgate-Palmolive Company (NYSE:CL) has emerged as a dominant leader in the household and personal care industries.

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