Список проголосовавших за комментарий " Colgate-Palmolive target lowered to $70 at Stifel — Reducing estimates as sales miss results in increased investment levels (64.68)Stifel lowers their CL tgt to $70 from $75. Colgate-Palmolive reported 4Q16 sales growth meaningfully below consensus (1.5% vs consensus of 4.7%) and guided to 2017 sales growth at the low-end of long-term 4-7% targets and EPS growth approximately 5% below expectations. The magnitude of the sales miss is most notable and according to the company attributable to slowing category growth rates in the majority of markets and temporary items that should normalize in time (i.e., demonetization in India and since resolved issues with a large retail customer in France and liquidity issues with distributors in Africa). To combat slowing category growth, Colgate plans to increase advertising spend, which, along with recent U.S. dollar strength, results in anticipated low-single-digit EPS growth in 2017 (compared to a double-digit long-term target)."