Finanzas: Procter & Gamble now a darling on Wall Street

 

Argus Research boosts its rating on Procter & Gamble (NYSE:PG) to a Buy rating from Hold.

P&G’s plan to shed underperforming businesses has slowly brought more investment firms in with positive ratings.

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There are now 14 Buy ratings out on the consumer goods giant, compared to 9 Hold ratings and no Sells.

Shares of Procter & Gamble have tiptoed over $90 twice in the last six weeks before falling back. The Street high PT on the stock is $105 from B. Riley.

P&G is due to report Q3 earnings on October 25.

Fuente: Seeking Alpha


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