Proctor & Gamble shares are trading lower after Truist Securities downgraded the stock from Buy to Hold and lowered its price target from $165 to $155.
Portfolio Pulse from Benzinga Newsdesk
Proctor & Gamble's stock has been downgraded from Buy to Hold by Truist Securities, with a reduced price target of $155 from $165.
May 18, 2023 | 5:02 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Proctor & Gamble's stock downgraded by Truist Securities, potentially impacting its short-term stock price.
The downgrade from Buy to Hold by Truist Securities and the lowered price target from $165 to $155 may lead to a negative short-term impact on Proctor & Gamble's stock price, as investors may perceive this as a sign of reduced growth potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100