Goldman Sachs Resumes Procter & Gamble (PG) at Neutral

December 14, 2012 11:37 AM EST
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Price: $144.55 +0.20%

Rating Summary:
    19 Buy, 23 Hold, 1 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Earlier, Goldman Sachs resumed coverage on Procter & Gamble (NYSE: PG) with a Neutral. PT $74.00.

The firm said the company's $10 million cost-cutting initiative is "both achievable and significant enough to move the needle for this consumer products conglomerate."

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 $70.13 yesterday.


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