Barclays Maintains Underweight on Clorox, Lowers Price Target to $136
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Lauren Lieberman maintains an Underweight rating on Clorox (CLX) and lowers the price target from $148 to $136.
April 10, 2024 | 7:17 pm
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NEGATIVE IMPACT
Barclays maintains an Underweight rating on Clorox and reduces the price target from $148 to $136.
The reduction in price target by Barclays, accompanied by an Underweight rating, suggests a bearish outlook on Clorox's stock in the short term. This could lead to negative investor sentiment and potentially lower stock prices.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100