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Procter & Gamble (PG) Stock Edges Up on Bullish Bernstein Note

NEW YORK (TheStreet) -- Procter & Gamble Co. (PG - Get Report) stock is up 0.14% to $83.33 in early afternoon trading Tuesday after Bernstein issued a bullish note on the company.

The consumer packaged goods company's restructuring of its portfolio is almost complete, which will make the company a "more attractive, faster-growing, and more focused business," Bernstein said, according to Barrons.com.

Additionally, Procter & Gamble should see high cost-savings and more moderate currency headwinds, Bernstein notes.

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