{"id":54664,"date":"2023-08-30T01:05:56","date_gmt":"2023-08-30T05:05:56","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/church-dwight-upgraded-to-buy-at-truist-on-improved-fundamentals\/"},"modified":"2023-08-30T01:05:59","modified_gmt":"2023-08-30T05:05:59","slug":"church-dwight-upgraded-to-buy-at-truist-on-improved-fundamentals","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=54664","title":{"rendered":"Church & Dwight upgraded to Buy at Truist on improved fundamentals"},"content":{"rendered":"
\n
\n

\u00a9 Reuters. Church & Dwight (CHD) upgraded to Buy at Truist on improved fundamentals<\/span>
\n<\/i>\n<\/div>\n

Truist Securities analysts upgraded Church & Dwight <\/span><\/span> Co Inc (NYSE:) shares to Buy from Hold with a price target raised by $10 to $105 per share.<\/p>\n

Truist’s downgrade of the stock over a year ago was rooted in concerns about the potential continuation of uneven trends experienced during the first half of 2022. These concerns were particularly tied to certain key categories that had witnessed remarkable growth during the pandemic, and were now grappling with what was described as a “post-pandemic hangover.”<\/p>\n

Specifically, categories like vitamins and cat litter saw exceptional growth due to temporary shifts in consumer behavior during the pandemic.<\/p>\n

\u201cIn fact, the vitamin business has struggled over the past year with a shrinking category and lost market share, however the cat litter business has remained strong,\u201d the analysts said in a note.<\/p>\n

The upgrade move comes after strong and raised guidance.<\/p>\n

\u201cWe view these results as a sign that the company and its categories are largely out of the woods from the post-pandemic reversion. Additionally, if key competitors, notably PG in detergent and CLX in litter, hold the line on pricing for the remainder of the year, as they have stated, we believe there is further upside to our margin and EPS estimates for CHD,\u201d Truist analysts added.<\/p>\n

Finally, they cited that CHD is back to its normal operating rhythm, which is seen as a major positive for the stock.<\/p>\n

CHD shares are up 1% in early Monday premarket trade.<\/p>\n

\u00a0<\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a9 Reuters. Church & Dwight (CHD) upgraded to Buy at Truist on improved fundamentals Truist Securities analysts upgraded Church & Dwight Co Inc (NYSE:) shares to Buy from Hold with a price target raised by $10 to $105 per share. Truist’s downgrade of the stock over a year ago was rooted in concerns about the […]<\/p>\n","protected":false},"author":1,"featured_media":2953,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-54664","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"\nChurch & Dwight upgraded to Buy at Truist on improved fundamentals | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters. Church & Dwight (CHD) upgraded to Buy at Truist on improved fundamentals Truist Securities analysts upgraded Church & Dwight Co Inc\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=54664\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Church & Dwight upgraded to Buy at Truist on improved fundamentals | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"\u00a9 Reuters. Church & Dwight (CHD) upgraded to Buy at Truist on improved fundamentals Truist Securities analysts upgraded Church & Dwight Co Inc\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=54664\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-30T05:05:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-30T05:05:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/05\/LYNXMPEA7H0NX_L.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"533\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=54664#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=54664\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Church & Dwight upgraded to Buy at Truist on improved fundamentals\",\"datePublished\":\"2023-08-30T05:05:56+00:00\",\"dateModified\":\"2023-08-30T05:05:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=54664\"},\"wordCount\":268,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=54664#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=54664\",\"url\":\"https:\/\/ifintechworld.com\/?p=54664\",\"name\":\"Church & Dwight upgraded to Buy at Truist on improved fundamentals | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-08-30T05:05:56+00:00\",\"dateModified\":\"2023-08-30T05:05:59+00:00\",\"description\":\"\u00a9 Reuters. Church & Dwight (CHD) upgraded to Buy at Truist on improved fundamentals Truist Securities analysts upgraded Church & Dwight Co Inc\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=54664#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=54664\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=54664#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Church & Dwight upgraded to Buy at Truist on improved fundamentals\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Church & Dwight upgraded to Buy at Truist on improved fundamentals | iFintechWorld","description":"\u00a9 Reuters. Church & Dwight (CHD) upgraded to Buy at Truist on improved fundamentals Truist Securities analysts upgraded Church & Dwight Co Inc","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=54664","og_locale":"en_US","og_type":"article","og_title":"Church & Dwight upgraded to Buy at Truist on improved fundamentals | iFintechWorld","og_description":"\u00a9 Reuters. Church & Dwight (CHD) upgraded to Buy at Truist on improved fundamentals Truist Securities analysts upgraded Church & Dwight Co Inc","og_url":"https:\/\/ifintechworld.com\/?p=54664","og_site_name":"iFintechWorld","article_published_time":"2023-08-30T05:05:56+00:00","article_modified_time":"2023-08-30T05:05:59+00:00","og_image":[{"width":800,"height":533,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/05\/LYNXMPEA7H0NX_L.jpg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=54664#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=54664"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"Church & Dwight upgraded to Buy at Truist on improved fundamentals","datePublished":"2023-08-30T05:05:56+00:00","dateModified":"2023-08-30T05:05:59+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=54664"},"wordCount":268,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=54664#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=54664","url":"https:\/\/ifintechworld.com\/?p=54664","name":"Church & Dwight upgraded to Buy at Truist on improved fundamentals | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-08-30T05:05:56+00:00","dateModified":"2023-08-30T05:05:59+00:00","description":"\u00a9 Reuters. Church & Dwight (CHD) upgraded to Buy at Truist on improved fundamentals Truist Securities analysts upgraded Church & Dwight Co Inc","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=54664#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=54664"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=54664#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"Church & Dwight upgraded to Buy at Truist on improved fundamentals"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/54664","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=54664"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/54664\/revisions"}],"predecessor-version":[{"id":54665,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/54664\/revisions\/54665"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/2953"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=54664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=54664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=54664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}