Church & Dwight price target raised to $115 from $113 at Wells Fargo

Wells Fargo raised the firm’s price target on Church & Dwight to $115 from $113 and keeps an Overweight rating on the shares. The firm says the company is offering this market a warm blanket of sorts, and it’s not just delivery today; rather, the sense this delivery is sustainable into 2025, with optionality as the market ponders what’s possible with this pristine balance sheet.