William Blair & Company Initiates Coverage Of Colgate-Palmolive Company (CL) With Market Perform Rating

Analysts Jon Anderson and Ryan Sundby at William Blair & Company have initiated coverage of Colgate-Palmolive Company (NYSE: CL) with Market Perform rating. Analysts say that the company represents an attractive long-term investment opportunity among large-cap stocks in consumer products industry. According to analysts, the company enjoys a solid long-term growth opportunity through global shares leadership in oral care, per capita consumption growth in developing markets, enduring margin expansion, and the prudent pursuit of complementary acquisitions.