Clorox forecasts annual profit above estimates, beats fourth-quarter profit on lower input costs

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Clorox (CLX) PT Lowered to $140 at Evercore ISI

August 2, 2024 5:54 AM EDT

Evercore ISI analyst Javier Escalante lowered the price target on Clorox (NYSE: CLX) to $140.00 (from $142.00) while maintaining a Underperform rating.

The analyst comments "Clorox beat this 4Q F24 on better gross margins, even as U.S. sales fell by 4% while consensus modeled flat. The controversy resides within Cloroxs most competitive household businesses,... More

Clorox (CLX) PT Raised to $151 at Deutsche Bank

August 2, 2024 5:52 AM EDT

Deutsche Bank analyst Stephen Powers raised the price target on Clorox (NYSE: CLX) to $151.00 (from $144.00) while maintaining a Hold rating.

The analyst comments "We expect a favorable stock reaction on the back of (i) a strong gross margin-led EPS beat in CLX's... More

Clorox (CLX) PT Raised to $148 at Jefferies

August 2, 2024 5:13 AM EDT

Jefferies analyst Kaumil Gajrawala raised the price target on Clorox (NYSE: CLX) to $148.00 (from $147.00) while maintaining a Hold rating.

The analyst comments "Clorox's F4Q results were mixed (top-line missed / EPS great on high margin expansion), while its F25 EPS outlook was above... More