Morgan Stanley Downgrades Church & Dwight Co to Equal-Weight, Maintains Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has downgraded Church & Dwight Co (NYSE:CHD) from Overweight to Equal-Weight, while maintaining the price target at $110.
September 09, 2024 | 12:15 pm
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NEUTRAL IMPACT
Morgan Stanley has downgraded Church & Dwight Co from Overweight to Equal-Weight, maintaining the price target at $110. This suggests a neutral outlook on the stock.
The downgrade from Overweight to Equal-Weight by Morgan Stanley indicates a shift from a positive to a neutral stance on Church & Dwight Co. However, the maintained price target of $110 suggests no expected downside, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100