Stifel Nicolaus cuts Procter & Gamble (PG -1.7%) to Hold from Buy and lowers its EPS...

|About: The Procter & Gamble Company (PG)|By:, SA News Editor

Stifel Nicolaus cuts Procter & Gamble (PG -1.7%) to Hold from Buy and lowers its EPS estimate, due to impact from currencies and worsening input costs. The firm says PG may need to boost promotions as competitors didn&... follow its lead in raising prices in certain areas, causing a drop in market share. Morgan Stanley cut PG shares earlier for similar reasons.