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Truist upgrades Procter & Gamble to buy, says company's fundamentals are undervalued

Bottles of Tide detergent, a Procter & Gamble product, are displayed for sale in a pharmacy on July 30, 2020 in Los Angeles, California.
Mario Tama | Getty Images

Procter & Gamble's operational strength has created upside for investors, according to Truist.

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