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RBC: Procter & Gamble Needs 4-5% Revenue Growth To Justify Its Relative Alpha, Something That's Not Possible For Now

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Procter & Gamble Co PG 0.1% seems to be finally making efforts to achieve a turnaround. RBC Capital Markets’ Nik Modi maintained a Sector Perform rating for the company, with a price target of $76.

Addressing Key Concerns

Over the past five years, Procter & Gamble has been losing share across most of its categories as well as geographies, despite making several attempts to fix the problem, with...