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Benzinga
210 days

P&G's Chart Shows Bearish Signs – Is Q2 Earnings The Turning Point?

1. Procter & Gamble reports Q2 earnings; expected EPS is $1.86. 2. Stock shows a bearish trend, currently priced at $161.59. 3. Analysts project a 4% upside with a consensus target of $175.42. 4. Stock trades below key moving averages, indicating persistent downside momentum.

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FAQ

Why Neutral?

Analyst targets suggest some upside, but bearish technical indicators limit immediate positivity.

How important is it?

The earnings report could influence PG's price, but current trends are concerning.

Why Short Term?

Earnings report may affect prices soon, but technical trends dominate in the near term.

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