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Fly News Breaks for February 6, 2019
CHD
Feb 6, 2019 | 07:37 EDT
Deutsche Bank analyst Steve Powers upgraded Church & Dwight to Hold from Sell and raised his price target for the shares to $58 from $56. Following yesterday's selloff, the analyst sees a "more balanced" risk/reward. While the company's Q4 results themselves were disappointing, Church & Dwight's 2019 organic growth, gross margin, and earnings objectives are achievable, Powers tells investors in a research note.
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