Procter & Gamble's Turnaround Gains Steam, but Analyst Warns Rising Oil Costs Could Threaten Recovery
TD Cowen raises Procter & Gamble's price target to $166 after Q1 beat, but maintains a Hold on rising commodity costs.
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Why It Matters
Procter & Gamble did better than expected this quarter, which is good news. But oil prices going up could make their products cost more to make.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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