Procter & Gamble (PG) Tops Q4 EPS by 5c

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Procter & Gamble (PG) Bullish View Reiterated at Jefferies Posts Q4

August 3, 2016 8:43 AM EDT

Jefferies analyst Kevin Grundy reiterated a Buy rating and $98 price target on Procter & Gamble (NYSE: PG) following Q4 results.

Grundy commented, "P&G's 4Q showed further progress with better than expected org sales (2% vs. Street 1.4%) driving strong EPS upside ($0.79 vs. $0.74). Macros remain... More