Reported 1 day ago
UBS analyst Peter Grom has reduced the price target for Procter & Gamble (NYSE:PG) from $186 to $180 while maintaining a Buy rating. This adjustment reflects refined estimates ahead of the company's fiscal fourth-quarter results, suggesting a potential upside of about 16% from its current trading price of $155. Despite the price target cut, UBS remains confident in P&G's brand strength and market positioning, noting their pricing power and cost discipline amid current economic pressures.
Source: YAHOO