When Wall Street's Fixation on Colgate Palmolive Masks a Larger Issue Wall Street analysts, including Morgan Stanley, JPMorgan, and Goldman Sachs, have recently raised their price targets for Colgate Palmolive Company (NYSE:CL), with some maintaining an "Overweight" rating.
This collective enthusiasm is understandable, given the company's proven track record of growth.
However, it distracts from a more pressing concern: the widening gap between Wall Street's pursuit of short term gains and the long term sustainability of our global economy.