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Procter & Gamble raises price target following Q1 results exceeding expectations

Stocktwits +2 ·

PG Procter & Gamble Co
$161.02 -2.76%
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  1. 1Procter & Gamble reported adjusted earnings per share of $2.00 and revenue of approximately $23.28 billion.
  2. 2Wells Fargo raised its price target from its previous target of $164 to an increased target of $180.
  3. 3Deutsche Bank raised its price target from its previous target of $162 to an increased target of $176.

So what's the key point?

Procter & Gamble earned more money than experts expected. Wells Fargo and Deutsche Bank expect the stock price to rise further.

Source Stocktwits +2 · View original ↗

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