B of A Securities Upgrades Clorox to Neutral, Raises Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Anna Lizzul upgraded Clorox (NYSE:CLX) from Underperform to Neutral and increased the price target from $120 to $150.
December 15, 2023 | 12:12 pm
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Clorox was upgraded by B of A Securities from Underperform to Neutral, with a price target increase from $120 to $150, indicating a more favorable outlook for the stock.
Upgrades by analysts can lead to increased investor confidence and can result in a short-term positive impact on the stock price. The raise in price target suggests that the analyst sees more value in the stock than previously estimated.
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