JPMorgan analyst Andrea Teixeira lowered the firm’s price target on Procter & Gamble to $162 from $165 and keeps an Overweight rating on the shares. The firm adjusted targets in the household and personal care group as part ahead of earnings season. Shark Ninja, Church & Dwight and e.l.f. Beauty will likely have the best reports on a relative basis, the analyst tells investors in a research note. JPMorgan expects investor focus will be on customer behaviors, cost pressures and deal flow.
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