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Fly News Breaks for February 6, 2018
CHD
Feb 6, 2018 | 08:52 EDT
RBC Capital analyst Nik Modi raised the price target on Church & Dwight to $51 after a Q4 earnings beat, saying results and guidance topped consensus on all metrics thanks in part to the benefits of the U.S. tax reform. Modi sees the company's long-ran 3% organic growth as intact, supported by the international and specialty products. The analyst also keeps the Sector Perform rating on Church & Dwight, saying valuation on the stock appears to be fair.