Market Overview

Bank Of America Slightly Raises Estimates On Clorox

Share:

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.

Posted-In: Bank of America Merrill LynchAnalyst Color Analyst Ratings

 

Related Articles (CLX)

View Comments and Join the Discussion!

Latest Ratings

StockFirmActionPT
REALDA DavidsonInitiates Coverage On22.0
RVLVDA DavidsonInitiates Coverage On19.0
SFIXDA DavidsonInitiates Coverage On27.0
CONNKeyBancDowngrades
PENNJP MorganMaintains29.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com

General Motors Tops Expectations

UPDATE: J.P. Morgan Lowers PT on TRW Automotive