Evercore ISI Upgrades Procter & Gamble with Higher Price Target
Procter & Gamble (PG) received an upgrade from Evercore ISI, which changed its rating to 'outperform' from 'in line.' The firm also raised the price target for PG stock to $166 from $161. This move follows improved U.S. execution and stabilizing category volumes at Procter & Gamble. Evercore ISI noted that signs are emerging of success under the company’s new organizational structure, which is beginning to deliver results. The upgrade reflects growing confidence in PG's operational performance and its ability to drive value for shareholders.
Tickers: $PG