by Burke Speaker | September 18, 2013 1:11 pm
The winners and losers in the consumer products sector are a mixed bag each day, but these companies are seeing movement — good and bad.
Barclays has pointed to three companies that either gained or lost momentum.
Barclays reduced the rating of consumer products giant Procter & Gamble (PG) to “equal weight,” from “overweight.” It noted that shares are likely to stay range bound until the time that PG can increase its growth signficantly.
Additionally, Barclays upgraded Colgate-Palmolive (CL) to “overweight” while cutting Clorox (CLX) to “underweight.”
You may remember back in May that InvestorPlace pointed to PG as a dividend stock to hold tight for the long haul.
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