Brokerage Radar: Citi Cuts Colgate’s Target, Jefferies Upgrades Kaynes to ‘Buy’"

In the latest brokerage updates, Citi has lowered its target price for Colgate-Palmolive, citing slower volume growth and rising competition in the oral care segment. The firm believes pricing pressures and market saturation could impact Colgate’s near-term performance.
Meanwhile, Jefferies has upgraded Kaynes Technology to ‘Buy’, highlighting its strong order book, growth in the electronics manufacturing sector, and robust financial performance. Analysts expect rising demand for semiconductors and electronic components to drive Kaynes’ expansion in the coming quarters.
These updates reflect shifting market dynamics and evolving investor sentiment.
Source: Economic Times, Moneycontrol