Church & Dwight price target lowered to $105 from $120 at BofA

BofA analyst Anna Lizzul lowered the firm’s price target on Church & Dwight to $105 from $120 and keeps a Buy rating on the shares. Among the firm’s consumer staples coverage, BofA is “cutting estimates for topline and EPS almost universally” for Q3 with a few exceptions, the analyst tells investors in a preview for the packaged food, beverages, HPC and tobacco groups.