Procter & Gamble price target lowered to $181 from $200 at Citi

Citi lowered the firm’s price target on Procter & Gamble to $181 from $200 and keeps a Buy rating on the shares. Despite “well-telegraphed headwinds,” Procter & Gamble delivered a fiscal Q3 miss net of a small earnings beat and lowered fiscal 2025 guidance, the analyst tells investors in a research note. The firm suspects the company is now past retail destocking headwinds in the U.S. and continues to make sequential progress on China. It lowered estimates but continues to view Procter & Gamble’s execution as solid. Citi closed its negative short-term view on the shares.