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Procter & Gamble price target raised to $164 from $157 at RBC Capital
The Fly

Procter & Gamble price target raised to $164 from $157 at RBC Capital

RBC Capital raised the firm’s price target on Procter & Gamble to $164 from $157 and keeps a Sector Perform rating on the shares after its Q4 earnings beat. The company is navigating the challenging environment well, especially as several of its competitors experience improving trends as a result of their own turnaround efforts, though the stock’s valuation is “full at current levels”, the analyst tells investors in a research note.

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