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Procter & Gamble price target raised to $175 from $171 at Jefferies

Jefferies analyst Kevin Grundy raised the firm’s price target on Procter & Gamble to $175 from $171 and keeps a Buy rating on the shares. The firm has raised its FY23-25 EPS estimates following the company’s "high-quality" Q3 beat, reflective of broad-based portfolio momentum and and inflection in gross margin percentage.

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