Procter & Gamble Stock Drops 2.8%

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Shares of Procter & Gamble (NYSE:PG) fell 2.8% on Thursday, closing at $153.94, amid a broader market sell-off and analyst adjustments to price targets. This decline highlights challenges in the consumer goods industry from shifting preferences and increased competition. While some analysts upgraded the stock, others downgraded it to a “hold,” reflecting mixed sentiments about the company’s future performance.

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