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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PG:
- PG Earnings: Procter & Gamble Falls on Mixed Q4 Results
- Procter & Gamble Tackles Stock Market Volatility Challenges
- Procter & Gamble says challenges won’t improve until 2H25
- Procter & Gamble expects FY25 to remain ‘volatile, challenging’
- Procter & Gamble says growth broad-based across business units, regions