Procter & Gamble price target raised to $180 from $176 at Wells Fargo

Wells Fargo raised the firm’s price target on Procter & Gamble to $180 from $176 and keeps an Overweight rating on the shares. The bias on Procter & Gamble organic sales growth improved with the first quarter-over-quarter acceleration in nearly two years, anchored by strength in most of Procter & Gamble’s key markets and a marked improvement in China, the firm says. Not perfect, but Procter & Gamble got more interesting today, adds Wells.