Citigroup Maintains Neutral on Clorox, Raises Price Target to $165
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Wendy Nicholson maintains a Neutral rating on Clorox (NYSE:CLX) but raises the price target from $145 to $165.
August 28, 2024 | 7:06 pm
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Citigroup has maintained its Neutral rating on Clorox but increased the price target from $145 to $165, indicating a more positive outlook on the stock's potential.
The increase in the price target from $145 to $165 suggests that Citigroup sees more upside potential in Clorox's stock, which could positively influence investor sentiment and lead to a short-term price increase. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100