Deutsche Bank Maintains Buy Rating and $70 PT on Procter & Gamble

A report from Deutsche Bank reiterates its Buy rating and $70 price target on Procter & Gamble

. The report states, “While most brands are in decent shape, key discretionary categories remain weak and developed markets consumption remains tepid. With commodities declining, company is realizing pricing and maintaining volume so far but the trend needs to persist to accelerate growth above multinational peers as currency becomes a modest headwind." PG closed yesterday at $64.95.