Goldman Sees Premium Pet Food As Bright Spot For Colgate And General Mills Amid Consumer Caution
1. U.S. consumers are cautious due to inflation and geopolitical issues. 2. Colgate-Palmolive's premium pet food offerings are expected to stay resilient. 3. Analyst gives CL a Buy rating with a $106 price target. 4. Colgate's Hill’s Pet Nutrition division drives organic sales growth. 5. Global premium pet food market projected to grow 5% through 2030.