HSBC Initiates Coverage On Church & Dwight Co with Hold Rating, Announces Price Target of $102
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Alejandro Zamacona has initiated coverage on Church & Dwight Co (NYSE:CHD) with a Hold rating and a price target of $102.
September 22, 2023 | 11:21 am
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HSBC has initiated coverage on Church & Dwight Co with a Hold rating and a price target of $102.
The initiation of coverage by HSBC with a Hold rating suggests that the bank sees the stock as fairly valued at current levels. The price target of $102 indicates where they believe the stock will trade in the near future. This could influence investor sentiment and trading behavior, but it's not necessarily indicative of a significant price movement in the short term.
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