TD Cowen cuts Procter & Gamble target to $142 citing rising oil costs from Iran war.

TD Cowen lowered Procter & Gamble's price target from $156 to $142, maintaining a Hold rating due to inflation in oil-related input costs linked to the Iran war. The firm believes these costs will remain high even if the conflict ends quickly, impacting margins as P&G struggles to pass on price increases amid stretched consumers. P&G's recent earnings showed a slight EPS beat but declining sales and profits, highlighting cost pressures. Investors should watch P&G's next earnings on April 24, 2026, for signs of margin recovery or further challenges.