JP Morgan Maintains Underweight on Church & Dwight Co, Raises Price Target to $98
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Andrea Teixeira maintains an Underweight rating on Church & Dwight Co (NYSE:CHD) but raises the price target from $97 to $98.
October 11, 2024 | 1:20 pm
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NEUTRAL IMPACT
JP Morgan has maintained an Underweight rating on Church & Dwight Co, but slightly increased the price target from $97 to $98, indicating a cautious outlook with a minor positive adjustment.
The Underweight rating suggests a cautious stance by JP Morgan, indicating that the stock may underperform relative to the market. However, the slight increase in the price target from $97 to $98 shows a minor positive adjustment, suggesting some optimism about the company's future performance. This mixed signal results in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100