New fiscal year guidance may fall short of expectations, Evercore ISI preemptively downgrades Procter & Gamble (PG.US) rating to "Neutral, in line with the market".
According to the Wisdom Finance and Economics APP, Evercore ISI has downgraded its rating on Procter & Gamble (PG.US) from "outperforming the market" to "in line with the market" ahead of the release of its fourth quarter financial report. Evercore ISI expects Procter & Gamble to provide guidance for organic sales growth of 1% to 3% for the 2026 fiscal year, including a loss of approximately 50 basis points due to portfolio optimization (rather than asset divestment). This guidance may be lower than the market's general expectation of 2.4%.
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