Procter & Gamble Started as an “Outperform” at Wells Fargo (PG)
Posted on January 20, 2011 at 09:11 AM EST
Consumer products maker The Procter & Gamble Company (PG) on Thursday saw its coverage initiated with an “Outperform” rating by analysts at Wells Fargo. The firm also set a $70-73 valuation range on the stock, which implies a 7% to 12% upside to the stock’s Wednesday closing price of $65.35. A Wells Fargo analyst commented, [...]