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Fly News Breaks for September 11, 2015
CHD
Sep 11, 2015 | 05:49 EDT
UBS analyst Stephen Powers downgraded Church & Dwight to Sell saying the "elevated" valuation does not account for potential upcoming fundamental challenges as well as risk from the CEO change. Powers is not sure the company's M&A strategy can continue under the new CEO and cut his price target for shares to $78 from $87.
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