Goldman Sachs Upgrades Procter & Gamble (PG) to Buy
Get Alerts PG Hot Sheet
Price: $161.50 +0.60%
Rating Summary:
17 Buy, 19 Hold, 1 Sell
Rating Trend: Up
Today's Overall Ratings:
Up: 16 | Down: 11 | New: 13
Rating Summary:
17 Buy, 19 Hold, 1 Sell
Rating Trend: Up
Today's Overall Ratings:
Up: 16 | Down: 11 | New: 13
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Goldman Sachs analyst Jason English upgraded Procter & Gamble (NYSE: PG) from Neutral to Buy with a price target of $125.00 (from $114.00).
- Expects 2020 to be the year for an inflection in the margin profile and profit growth.
- Expects company to no longer be the most underweight name in US listed mega-cap global CPG company among hedge funds.
- Says organic sales momentum is sustainable.
For an analyst ratings summary and ratings history on Procter & Gamble click here. For more ratings news on Procter & Gamble click here.
Shares of Procter & Gamble closed at $109.78 yesterday.
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