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Procter & Gamble (PG): Cutting PT After Analyst Day On FX - Jefferies

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UBS Cuts Price Target on Procter & Gamble (PG) to $94 Following Analyst day

November 21, 2016 9:38 AM EST

UBS maintained a Buy rating on Procter & Gamble (NYSE: PG), and cut the price target to $94.00 (from $97.00), following the company's analyst day. In US Laundry, PG expects competition to continue/intensify, though it believes it will be focused on branding/innovation. Meanwhile, in... More