Clorox (CLX) Misses Q1 EPS by 6c; Reaffirms Guidance

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UBS Cuts Price Target on Clorox (CLX) to $111 Following 1Q EPS Miss

November 3, 2016 8:50 AM EDT

UBS maintained a Sell rating on Clorox (NYSE: CLX), and cut the price target to $111.00 (from $118.00), following the company's 1Q earnings report. CLX missed EPS, reporting $1.36 compared to consensus of $1.42. CLX lowered FY17 EPS guidance to $5.23-$5.43 (from $5.38-$5.58 prior).

Analyst Stephen Powers... More