Procter & Gamble (PG) Tops Q1 EPS by 2c

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Go back to Procter & Gamble (PG) Tops Q1 EPS by 2c

UBS Raises Price Target on Procter & Gamble (PG) Following 3c EPS Beat

October 26, 2015 9:54 AM EDT

UBS reiterated a Neutral rating on Procter & Gamble (NYSE: PG), and raised the price target to $81.00 (from $78.00), following the company's 1Q16 earnings report. PG outperformed FYQ1 EPS expectations, delivering $0.98 vs. consensus of $0.95. Looking forward, PG maintained FY16 EPS guidance.

Analyst Stephen Powers commented, "Overall, PG... More