This Is What Whales Are Betting On Procter & Gamble
Portfolio Pulse from Benzinga Insights
Financial giants are showing a bearish sentiment on Procter & Gamble (NYSE:PG) with 55% of options trades being bearish. The stock is currently trading at $171.54, down 1.37%. Analysts have set an average price target of $188.0, with recent upgrades from DZ Bank. The next earnings report is due in 27 days.

September 19, 2024 | 8:47 pm
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Procter & Gamble is experiencing bearish sentiment from major traders, with 55% of options trades being bearish. The stock is currently down 1.37% at $171.54. Analysts have set an average price target of $188.0, with recent upgrades from DZ Bank. The next earnings report is due in 27 days.
The article highlights a bearish sentiment from major traders on Procter & Gamble, with 55% of options trades being bearish. This suggests a potential short-term downward pressure on the stock price. However, analysts have set a higher average price target, indicating mixed long-term expectations. The stock is currently down 1.37%, reflecting the bearish sentiment. The upcoming earnings report in 27 days could further influence the stock's direction.
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