Church & Dwight price target lowered to $97 from $100 at Wells Fargo

Wells Fargo analyst Chris Carey lowered the firm’s price target on Church & Dwight to $97 from $100 and keeps an Overweight rating on the shares. The bar was high on Church & Dwight, so when Q3 sales were in line with guidance maintained, the stock reset, the firm notes. Reality is, Wells says, Church & Dwight remains a unique story.