Church & Dwight (CHD) Price Target Bumped Higher at Jefferies

Jefferies reiterated a Buy rating on Church & Dwight Co. Inc. (NYSE: CHD) and boosted its price target from $74 to $75 following meetings with management.

Analyst Kevin Grundy commented, "Mgmnt still sounded very bullish on its new product launches, although a little less so in the near term on the M&A front. CHD remains the best way to play M&A in the group and offers higher relative EPS visibility given FX/EM risk elsewhere."

For an analyst ratings summary and ratings history on Church & Dwight Co. Inc. click here. For more ratings news on Church & Dwight Co. Inc. click here.

Shares of Church & Dwight Co. Inc. closed at $67.91 yesterday.

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