P&G stock slips after TD Cowen downgrade as Fed decision nears
Procter & Gamble shares fell 0.3% to $149.00 Tuesday after TD Cowen downgraded the stock. A filing showed Chief Brand Officer Marc S. Pritchard sold 95,903 shares after exercising options. U.S. consumer confidence dropped to its lowest since 2014, raising concerns for consumer goods companies. Investors await the Federal Reserve’s policy decision Wednesday.