UBS Lowers Church & Dwight (CHD) Target, Sees “Okay” Q1 for Staples

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UBS has lowered its price target for Church & Dwight (NYSE: CHD) to $98 from $102, while maintaining a Neutral rating, expecting an “okay” Q1 for consumer staples with stabilizing organic revenue growth. The firm anticipates inflation to impact earnings more significantly in the latter half of the year. This follows an earlier price target cut by TD Cowen to $93 from $112, citing higher oil-related input costs from the Iran war and weaker pricing power for household and personal care companies.

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