Morgan Stanley raised the firm’s price target on Church & Dwight to $114 from $109 and keeps an Overweight rating on the shares. The firm continues to expect Church & Dwight’s organic sales growth to inflect above peers, which started to play out in Q4 and is supported by numerous key topline drivers. The firm is raising its EPS estimates slightly by 2% in 2024 and 2025, putting them “even further above consensus,” the analyst noted.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on CHD:
- Church & Dwight assumed with Buy from Neutral at Goldman Sachs
- Block upgraded, Rivian downgraded: Wall Street’s top analyst calls
- Church & Dwight upgraded to Buy at Argus on ‘power brands’ focus
- Church & Dwight upgraded to Buy from Hold at Argus
- Bad News for Church & Dwight Company Stock: This New Risk Has Been Added
