Bullish $PG

22
PG forming solid base at $159 support after 15% pullback from Feb highs. Strong fundamentals intact with 19% profit margins in Q3. Recent analyst actions positive - RBC upgraded to BUY in April, Evercore just raised PT to $190 (19% upside). Defensive consumer staple with reliable dividend (65% payout ratio). Patient investors rewarded here. #ValueInvestment #Dividends

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.