The Procter & Gamble Company is listed as one of the Best Dividend Stocks for the Best Retirement Portfolio. JPMorgan raises its price target on Procter & Gamble to $165, maintaining a Neutral rating. The company reported net earnings of $4.8 billion and operating cash flow of $5.4 billion in its latest quarterly report, with a dividend yield of 2.79%.
Procter & Gamble remains a reliable choice for income-focused investors with consistent cash generation and dividend payouts. The company returned $3.8 billion to shareholders in the last quarter. While PG is a solid investment, AI stocks may offer greater upside potential and less downside risk. Check out Insider Monkey’s report on the best short-term AI stock for more information.
Read more at Yahoo Finance: JPMorgan Raises Procter & Gamble (PG) Price Target to $165, Keeps Neutral Rating
