Jefferies Initiates Coverage On Procter & Gamble with Buy Rating, Announces Price Target of $177
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Kaumil Gajrawala has initiated coverage on Procter & Gamble (NYSE:PG) with a Buy rating and set a price target of $177.
November 13, 2023 | 11:17 am
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Jefferies analyst Kaumil Gajrawala has given Procter & Gamble a Buy rating with a price target of $177, indicating a positive outlook for the stock.
Analyst ratings, especially from reputable firms like Jefferies, can influence market perception and investor sentiment. A Buy rating combined with a high price target suggests an expectation of strong performance, which could lead to a short-term increase in the stock price as investors react to the positive coverage.
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IMPORTANCE 85
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