
Procter & Gamble Co (NYSE:PG) will benefit from investors being able to distinguish between companies that have emerged stronger from the COVID-19 pandemic and those which simply received a short-term boost from the pandemic conditions, according to Truist Securities.
The Procter & Gamble Analyst: Bill Chappell upgraded the rating for Procter & Gamble from Hold to Buy, while raising the price target from $165 to $175.