HSBC downgrades Procter & Gamble to Hold as reinvestment weighs on growth outlook

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Buy this consumer stock on weakness: Jefferies

July 31, 2026 12:00 PM EDT

Jefferies told investors in a note to clients this week to buy the shares of a key consumer stock on any weakness following the giant's fiscal fourth-quarter results, arguing the market is overlooking a longer-term recovery.

Analyst Kaumil Gajrawala said Procter & Gamble's (NYSE: PG) results were mixed, and guidance came in line... More