Procter & Gamble (NYSE:PG) Stock Price Down 1.7% After Analyst Downgrade

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Procter & Gamble (NYSE:PG) saw its stock price drop 1.7% after JPMorgan Chase & Co. lowered its price target, amidst a series of other analyst downgrades. Despite the recent dips, analysts still maintain a “Moderate Buy” consensus rating for the company, with institutional investors continuing to hold significant stakes. P&G also recently increased its quarterly dividend, reinforcing its position as a reliable dividend stock.

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