Procter & Gamble price target raised to $177 from $175 at Evercore ISI

Evercore ISI raised the firm’s price target on Procter & Gamble to $177 from $175 and keeps an Outperform rating on the shares. While “understandably” the focus in the earnings call was on the drivers of sales slowing to 3%, comps considered, this 3% rate already marks a rebound versus prior Q2 on a two-year stack and three-year run rate basis, says the analyst, who adds that calendar 2025 Street expectations “strike us as conservative.”