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Church & Dwight upgraded to Outperform from Sector Perform at RBC Capital

RBC Capital upgraded Church & Dwight to Outperform from Sector Perform with a price target of $114, up from $100. The stock has underperformed following a “soft” Q1 print, which was impacted by destocking, slower category growth, and the impact of tariffs, the analyst tells investors in a research note. After spending time with management, RBC has renewed confidence that the current guidance adequately reflects the challenges of the current environment. It is also bullish on Church & Dwight’s acquisition of Touchland, citing its product efficacy, differentiation, distribution opportunities and loyal consumer base.

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