Erste Group analyst Stephan Lingnau upgraded Procter & Gamble to Buy from Hold. Procter & Gamble expects FY sales growth of 1%-5% and EPS growth of 1%-6%, while planning to return $14B-$15B to shareholders through $10B in dividends and $4B-$5B in buybacks, the analyst tells investors in a research note. The stock remains attractively valued, the firm says.
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