JP Morgan Maintains Overweight on Procter & Gamble, Lowers Price Target to $169
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Andrea Teixeira has maintained an Overweight rating on Procter & Gamble (NYSE:PG), but lowered the price target from $172 to $169.
October 12, 2023 | 4:16 pm
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JP Morgan has maintained an Overweight rating on Procter & Gamble, but lowered the price target from $172 to $169.
The news is directly related to Procter & Gamble. While the Overweight rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook for the company's stock in the short term. However, the impact is likely to be neutral as the change in price target is relatively small.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100