Church & Dwight price target lowered to $100 from $105 at RBC Capital

RBC Capital lowered the firm’s price target on Church & Dwight to $100 from $105 and keeps a Sector Perform rating on the shares. The firm had been anticipating a difficult quarter, but destocking, slower category growth, and tariffs took a bigger toll than expected, the analyst tells investors in a research note. Domestic growth expectations are muted and reasonable however, and the management has done a good job mitigating the brunt of the tariff impact, the firm adds.