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Stock impact report

Procter & Gamble (PG) Target Trimmed by RBC as Growth Remains Modest [Yahoo! Finance]

Procter & Gamble Company (The) (PG) 
Last procter & gamble company (the) earnings: 4/17 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Procter & Gamble (PG) Target Trimmed by RBC as Growth Remains Modest On April 9, RBC Capital lowered its price recommendation on The Procter & Gamble Company (NYSE:PG) to $167 from $172. It reiterated an Outperform rating on the shares. The update came as part of a broader Q1 preview covering Home and Personal Care, Beverages, and Packaged Food. The firm expects the March quarter to be fine, though growth at the top line remains slow. The focus, in its view, is shifting toward forward commentary. The Middle East conflict has introduced both revenue and inflation risks, which companies will need to address in their outlook. RBC noted that the ceasefire announcement is a positive development. Even so, it still expects some lasting effects, including commodity prices staying elevated compared to levels seen before the conflict. The Procter & Gamble Company (NYSE:PG) operates as a global provider of branded consumer packaged goods. Its business is organized across segments that inc Show less Read more
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