Credit Suisse Maintains Underperform Rating for Clorox: Here's What You Need To Know

Credit Suisse Maintains Underperform Rating for Clorox: Here's What You Need To Know

Credit Suisse has decided to maintain its Underperform rating of Clorox CLX and raise its price target from $130.00 to $135.00.

Shares of Clorox are trading down 5.55% over the last 24 hours, at $138.53 per share.

A move to $135.00 would account for a 2.55% decline from the current share price.

About Clorox

With a history dating back more than 100 years, Clorox now plays in a variety of categories across the consumer products space, including cleaning supplies, laundry care, trash bags, cat litter, charcoal, food dressings, water-filtration products, and natural personal-care products. Beyond its namesake brand, the firm's portfolio includes Liquid-Plumr, Pine-Sol, S.O.S, Tilex, Kingsford, Fresh Step, Glad, Hidden Valley, KC Masterpiece, Brita, and Burt's Bees. Just shy of 85% of Clorox's sales stem from its home turf.

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Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-AAR-UPDATEAnalyst Ratings