Morgan Stanley Downgrades Colgate-Palmolive To Equal-weight

Analysts at Morgan Stanley downgraded

from Overweight to Equal-weight. The price target for Colgate-Palmolive has been lowered from $76.00 to $72.00. Colgate-Palmolive shares have dropped 1.14 percent over the past 52 weeks, while the S&P 500 index has surged 9.07 percent in the same period. Colgate-Palmolive shares climbed 1.56 percent to close at $67.06 yesterday.