- The shares of Procter & Gamble (NYSE: PG) have received a $175 price target from Raymond James. These are the details.
The shares of Procter & Gamble (NYSE: PG) have received a $175 price target from Raymond James. And Raymond James analyst Olivia Tong initiated coverage of Procter & Gamble with an “Outperform” rating.
Tong had noted that the strategy and portfolio changes in the last several years have paid off, driving improved top and bottom-line growth. And while the backdrop for consumer staples has become more challenging, Tong expects P&G to see an improved ability to navigate volatility, cushion itself against costs, and focus on innovation position it well to sustain its momentum.
Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.