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Fly News Breaks for July 28, 2015
PG
Jul 28, 2015 | 08:13 EDT
After The Wall Street Journal reported that Procter and Gamble had named David Taylor as its new CEO, Bernstein says the move was expected. The firm believes that the company needs changes in several areas, but it does not expect Taylor to make major changes. Bernstein keeps a $92 price target and Outperform rating on the shares.
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