Wells Fargo Maintains Overweight on Procter & Gamble, Raises Price Target to $170
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Chris Carey has maintained an Overweight rating on Procter & Gamble (NYSE:PG) and increased the price target from $162 to $170, indicating a positive outlook on the company's stock.
January 24, 2024 | 2:54 pm
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Wells Fargo analyst Chris Carey reaffirmed an Overweight rating on Procter & Gamble and raised the price target to $170, suggesting confidence in the company's future performance.
The increase in price target by a prominent analyst typically signals a positive outlook on the stock, which can lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100