Jefferies recommends buying staples stocks as gas prices exceed $3.50 per gallon
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StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Evercore ISIon Procter & Gamble (PG), 'not out of the woods yet, still losing fractional share'
April 6, 2026 11:42 AM EDTEvercore ISI analyst Robert E. Ottenstein reiterated an In Line rating and $170.00 price target on Procter & Gamble (NYSE: PG).
The analyst comments "Commodity pressures have built, particularly through Procters exposure to oil-derived inputs in Fabric & Home. These headwinds flow through COGS with a two-quarter lag, creating margin pressure into fiscal 2027: our basket of commodities explains changes in Procters gross margin with an 80% correlation (page 4).... More
