Morgan Stanley Sees Concerns for Church & Dwight Co. As Offset By Positive Factors
In a report published Monday, Morgan Stanley analyst Dara Mohsenian reiterated an Equal-Weight rating on Church & Dwight Co. (NYSE: CHD).
In the report, Morgan Stanley noted, “While the scanner data results and SG&A leverage assumption are both concerns, they are offset in our minds by the benefits of a strong innovation pipeline in 2014 and the potential for CHD to consummate EPS accretive acquisitions, which leaves us at Equal-Weight on the stock.”
Church & Dwight Co. closed on Friday at $67.98.
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|Aug 2016||JP Morgan||Maintains||Neutral|
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