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PG&E (PCG) Stock Up As Jefferies Decreases Price Target
NEW YORK (TheStreet) -- PG&E stock increased 0.37% to $51.59 even though its price target was being dropped to $57.50 from $60 at Jefferies. The firm maintained its "buy" rating for the utilities company. Jefferies analysts expect dividends to increase as much as 20% a year starting in 2016. Earnings growth may also increase as the company invests in renewable energy, energy storage research and ... Read News
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Procter & Gamble (PG) Stock Up After Selling Beauty Business To Coty
NEW YORK (TheStreet) -- Shares of The Procter & Gamble Co were up 0.27% to $80.88 in early market trading Friday, after the company agreed to sell 43 of its beauty brands to Coty Inc. for $12.5 billion yesterday, according to The Wall Street Journal. The deal includes P&G's global salon professional hair care and color, retail hair color, cosmetics and fine fragrance businesses. P&G ... Read News
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