JP Morgan Upgrades Clorox to Neutral, Raises Price Target to $145
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Andrea Teixeira upgraded Clorox (NYSE:CLX) from Underweight to Neutral and increased the price target from $124 to $145.
November 22, 2023 | 10:52 am
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Clorox was upgraded by JP Morgan from Underweight to Neutral, with a price target increase from $124 to $145, indicating a more favorable outlook.
Upgrades by major analysts like JP Morgan can lead to increased investor confidence and potential stock price appreciation in the short term. The raised price target suggests that JP Morgan sees more value in the stock than previously estimated.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100