Goldman Sachs raised the firm's price target on Church & Dwight to $111 from $109 and keeps a Buy rating on the shares. The firm is adjusting its model after the company announced that it has acquired Ms. Mouths' Messy Eater brand for $325M. While a digitally native brand with a strong appeal for quick, non-toxic, on-the-spot stain removal, the management has highlighted distribution gains amongst US retailers in the first half of the year, Goldman Sachs added.
