Church & Dwight Analysts Slash Their Forecasts After Q2 Results
Portfolio Pulse from Avi Kapoor
Church & Dwight Co., Inc. (NYSE:CHD) reported strong Q2 earnings, beating EPS estimates and meeting sales expectations. Despite the positive results, several analysts have lowered their price targets for the stock.

August 05, 2024 | 5:51 pm
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Church & Dwight reported strong Q2 earnings, beating EPS estimates and meeting sales expectations. Despite this, multiple analysts have lowered their price targets for the stock.
Church & Dwight's strong Q2 performance, including beating EPS estimates and meeting sales expectations, is a positive indicator. However, the fact that multiple analysts have lowered their price targets suggests caution in the market, leading to a neutral short-term impact.
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