Analysts: Colgate-Palmolive Sees Positive Outlook and 3 More Research Notes to Browse
Colgate-Palmolive Co. (NYSE:CL): Canccord upgraded Colgate to Hold from Sell, citing impressive third-quarter results, particularly in Latin America, and positive outlook; the firm raised the price target on Colgate-Palmolive shares to $58 from $52.
Hasbro Inc. (NYSE:HAS): BMO Capital upgraded Hasbro to Market Perform from Underperform to reflect positive channel checks that indicate new product initiatives are gaining traction and the management’s focus on shareholder returns; the firm raised the price target on Hasbro shares to $50 from $38.
Deckers Outdoor Corp. (NASDAQ:DECK): Jefferies believes Deckers Outdoor’s “strong” third-quarter results should ease concerns over the Ugg brand; the firm maintains that the company’s momentum is accelerating and that it finds the risk/reward on the shares compelling at current levels. Jefferies keeps a Buy rating on Deckers Outdoors stock with a $100 price target.
Qlik Technologies (NASDAQ:QLIK): Qlik Technologies reported weaker-than-expected results, but RBC Capital remains optimistic about the company’s longer-term outlook, partly due to the 35 percent growth in its North American sales last quarter and its growing pipeline. However, the firm does acknowledge that Qlik has a number of company-specific issues that will likely take a few quarters to fully resolve; RBC Capital keeps an Outperform rating on the stock.