Procter & Gamble Faces Slow Start, But Outlook Remains Steady
Procter & Gamble Company (NYSE:PG) shares are trading slightly lower on Thursday, while the firm is gearing up to announce its first-quarter earnings on Friday, October 24.RBC Capital Markets analyst Nik Modi reiterated an Outperform rating on the stock, with a price forecast of $177.Outlook And Near-Term SetupModi forecasts organic sales growth to be 1.4%, which is rounded to 1% under P&G’s whole-number reporting. He said that figure matches the buy-side bar.Also Read: Rocket Lab Stock Is Gaining Momentum: ...