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Analysts Offer Insights on Consumer Goods Companies: TAL Education Group (TAL) and Colgate-Palmolive (CL)

Tipranks - Mon Feb 2, 9:04AM CST

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on TAL Education Group (TALResearch Report) and Colgate-Palmolive (CLResearch Report) with bullish sentiments.

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TAL Education Group (TAL)

In a report issued on January 30, Lucy Yu from Bank of America Securities reiterated a Buy rating on TAL Education Group, with a price target of $14.80. The company’s shares closed last Friday at $12.70.

According to TipRanks.com, Yu is ranked #8898 out of 12040 analysts.

TAL Education Group has an analyst consensus of Strong Buy, with a price target consensus of $15.31, which is a 17.7% upside from current levels. In a report issued on January 30, Macquarie also upgraded the stock to Buy with a $18.00 price target.

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Colgate-Palmolive (CL)

In a report issued on January 30, Dara Mohsenian from Morgan Stanley maintained a Buy rating on Colgate-Palmolive, with a price target of $87.00. The company’s shares closed last Friday at $90.29.

According to TipRanks.com, Mohsenian is a 5-star analyst with an average return of 7.3% and a 62.5% success rate. Mohsenian covers the Consumer Goods sector, focusing on stocks such as Edgewell Personal Care, Monster Beverage, and Procter & Gamble. ;'>

Currently, the analyst consensus on Colgate-Palmolive is a Moderate Buy with an average price target of $89.71, a 1.1% upside from current levels. In a report released yesterday, TipRanks – xAI also upgraded the stock to Buy with a $102.00 price target.

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