Church & Dwight price target raised to $115 from $110 at Truist

Truist analyst Bill Chappell raised the firm’s price target on Church & Dwight to $115 from $110 and keeps a Buy rating on the shares after its Q1 earnings beat and guidance raise. The worst of the post-pandemic “hangover” in which consumer demand reverts back to pre-pandemic level is now behind the company, the analyst tells investors in a research note, adding that Church & Dwight has returned to its pre-pandemic stride of regularly hitting its long term growth algorithm.