Trian takes $3.5 billion stake in Procter & Gamble
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/12/2026
- US stocks close down as oil spikes 12%, job market weakens
- U.S. nonfarm payroll employment unexpectedly falls in February
- Oracle stock falls on report of scrapped Texas data center plans
- Kuwait cuts oil output as storage fills up
- Boeing reportedly nearing 500-aircraft deal with China ahead of Trump visit
- After-hours movers: Marvell, Samsara, GAP, Cooper Cos.
- After-hours movers: Broadcom, StubHub, Cracker Barrel, Grocery Outlet, Veeva Systems and more
- After-hours movers: Moderna, CrowdStrike, Ross Stores, Box and more
- After-hours movers: MongoDB, Credo, SoFi Technologies and more
- After-hours movers: Dell, Block, CoreWeave, Autodesk, MARA and more
Procter & Gamble (PG) PT Raised to $101 at Jefferies as Activist Investor Petlz Takes Stake
February 15, 2017 7:21 AM UTCJefferies analyst Kevin Grundy reiterates Buy rating and raises price target on Procter & Gamble (NYSE: PG) to $101 (from $99), as activist investor, Nelson Peltzs takes a $3.5 billion stake (roughly 1.5%) in the company.
Grundy comments, "Press reports indicate activist investor Nelson Peltz's Trian... More
