UBS analyst Peter Grom lowered the price target on Procter & Gamble to $180 from $186, maintaining a Buy rating. Despite the adjustment, the new target still implies a 16% upside from the current price of $155. The move reflects a more tempered near-term view but not a shift in long-term confidence in P&G’s brand portfolio.

P&G has benefitted from its exposure to everyday essentials and global scale, maintaining share across various categories in a mixed consumer environment. Analysts are anticipating commentary on volume recovery and input costs as earnings season approaches. The new target reflects caution while still maintaining a bullish stance on P&G’s market positioning.

Read more at Yahoo Finance: UBS Trims P&G (PG) Price Target, Maintains Buy Rating