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P&G stock fell 1.6% despite strong earnings and raised guidance, after JPMorgan cut its price target.
Procter & Gamble shares dropped 1.6% to $145.50 on Thursday after JPMorgan Chase lowered its price target to $157 and maintained a neutral rating, despite the company reporting strong third-quarter results with $1.99 EPS and $22.39 billion in revenue, up 3% year-over-year.
The firm raised its fiscal 2026 earnings guidance to $6.83–$7.10 per share.
Trading volume surged 34% above average.
Analysts hold a consensus "Moderate Buy" rating with a target of $171.38, and the stock yields 2.9% on an annual dividend of $4.23.
Institutional ownership stands at 65.77%.
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Las acciones de P&G cayeron un 1,6% a pesar de las fuertes ganancias y elevaron la previsión, después de que JPMorgan redujera su objetivo de precios.