Raiffeisen Bank International AG Sells 341,735 Shares of Colgate-Palmolive Company $CL
MarketBeat
Raiffeisen Bank International AG significantly reduced its stake in Colgate-Palmolive Company, selling 341,735 shares, though institutional investors collectively still own over 80% of the company. Colgate-Palmolive reported strong Q2 earnings, surpassing analyst estimates, and announced a quarterly dividend. Analysts generally maintain a "Moderate Buy" rating with an average price target of $99.
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