Downgrade
2026-01-27
TD Cowen
RatingHold
FromBuy
Target$156
From—
TD Cowen downgraded P&G to Hold on Jan 27, while JP Morgan upgraded to Overweight ($165) days earlier. Piper Sandler resumed at Neutral ($150). Consensus is Buy at $47 average target — analysts are split on whether staples can re-rate in this macro.