Barclays Maintains Underweight on Church & Dwight Co, Raises Price Target to $83
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Lauren Lieberman maintains an Underweight rating on Church & Dwight Co (NYSE:CHD) and raises the price target from $80 to $83.

April 12, 2024 | 2:00 pm
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NEUTRAL IMPACT
Barclays maintains an Underweight rating on Church & Dwight Co but raises the price target from $80 to $83.
The adjustment in price target by Barclays reflects a nuanced view on Church & Dwight Co's valuation, suggesting a slight positive reassessment of the company's prospects or market position. However, the Underweight rating indicates ongoing concerns about the company's performance relative to the market, which could limit any positive stock price movement in the short term. The importance is rated at 75 due to the direct impact of analyst ratings and price targets on investor sentiment and stock price, especially coming from a major financial institution like Barclays. The confidence level is at 90, reflecting the clear and direct nature of the analyst's action.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100