Bank Of America Slightly Raises Estimates On Clorox - Clorox (NYSE:CLX)

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According to Bank of America, Clorox (NYSE: CLX) FY12 estimates are raised.Bank of America said that it is raising its all-in FY12 EPS est to $4.08 from $4.04, based on seemingly a greater degree of flexibility given the reduction to the commodity outlook in the range of 10c per share. “We have no rating on CLX; we believe shares are not trading on fundamentals. Investors should no longer rely on our previous opinions or price objectives.”Clorox closed yesterday at $68.88.

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