Church & Dwight price target raised to $110 from $107 at Oppenheimer

Oppenheimer analyst Rupesh Parikh raised the firm’s price target on Church & Dwight to $110 from $107 and keeps an Outperform rating on the shares after attending the company’s analyst day in NYC and spending time with management. The firm left incrementally upbeat on the company’s shorter- and longer-term prospects and continues to rank Church & Dwight as a top group pick in a likely difficult 2024 CPG backdrop.