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  "docSlug": "8b6a62f49fba",
  "documentTitle": "Church & Dwight Co., Inc. (CHD)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Ben Axler",
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  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2019-09-05 00:00:00",
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  "pageNumber": 83,
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  "notes": "The table highlights a bearish thesis by comparing current market price against analyst consensus.",
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      "text": "There is no justification for CHD’s stock trading 8% above its average analyst price target.",
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      "text": "implied downside: 8%",
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      "text": "There is no justification for CHD's stock trading 8% above its average analyst price target. Only a minority of analysts currently have a \"Buy\" or \"Outperform\" target. The majority are \"Hold\", \"Neutral\", or \"Market Perform\".",
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      "text": "1) Downside based on $80 share price. Source: Bloomberg",
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      "kind": "title",
      "text": "Terrible Risk / Reward With 8% Implied Downside",
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      "evidence": "The overall thesis implies that failing to act on Spruce Point's analysis could lead to significant financial losses for investors holding onto CHD stock.",
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