UBS has reduced its price target for Church & Dwight Co., Inc. to $98 from $102, maintaining a Neutral rating. The firm anticipates 'okay' Q1 results for the consumer staples sector.
On April 7, UBS lowered its price recommendation for Church & Dwight Co., Inc. (NYSE:CHD) to $98 from $102, reiterating a Neutral rating. UBS expects Q1 results across much of the consumer staples group to be stable, but inflation may impact earnings in the second half of the year. Additionally, TD Cowen recently cut its price target for Church & Dwight to $93 from $112 while maintaining a Hold rating, citing challenges in offsetting higher oil-related input costs.