Church & Dwight price target raised to $94 from $91 at RBC Capital

RBC Capital analyst Nik Modi raised the firm’s price target on Church & Dwight to $94 from $91 and keeps a Sector Perform rating on the shares after its Q2 earnings beat. The company reported a “strong print”, displaying home and personal care progress with recent acquisitions contributing nicely, the analyst tells investors in a research note. The firm adds however that while Church & Dwight has been one of the best-performing consumer staples stocks during the last decade, the stock is at full valuation.