TD Cowen Raises Price Target for Church & Dwight to $115

TD Cowen's price target increase to $115 creates a limited upside expectation compared to the current closing price of $110.46. However, the RSI is at 73, near overbought territory, and there has been a strong 5.5% rally in the last 24 hours; this increases the risk of short-term profit-taking. The MACD being above its signal line indicates momentum is still positive, and the price is trading above the SMA20 and SMA50. The news alone is not a strong catalyst, but rather a confirmation for a stock that has already risen. Therefore, I expect a moderate upward trend but remain cautious due to overbought conditions.