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Procter & Gamble price target lowered to $175 from $189 at TD Cowen

TD Cowen lowered the firm’s price target on Procter & Gamble to $175 from $189 and keeps a Buy rating on the shares. The firm noted they reported a slight Q3 sales miss and lowered sales and EPS guidance for FY25 to reflect weaker consumer confidence particularly in U.S., and 3-5c of tariff costs in 4Q.

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