What Is The Tariff Risk For Procter & Gamble? Analyst Calculates, Trims Outlook

B of A Securities analyst Bryan D. Spillane on Friday, reiterated a Buy rating on Procter & Gamble CO PG stock, and lowered the price forecast from $190.00 to$180.00.PG's strong third-quarter performance was overshadowed by concerns over potential U.S. tariffs, which could cost the company $1 billion to$1.5 billion annually.The analyst states that despite a 3.7% stock drop, PG believes it can offset the impact through favorable foreign exchange, lower input costs, and strategic pricing.Also Read: PepsiCo ...