Clorox Target Price Boosted by JPMorgan Chase Amid Earnings Strength
JPMorgan Chase & Co. has raised its target price for Clorox (NYSE:CLX) from $92.00 to $95.00, indicating a potential downside of 8.96% from the stock's previous close.
This follows a string of positive earnings reports from Clorox, including a fiscal Q4 adjusted earnings beat and revenue exceeding expectations.
The company has set its FY 2027 guidance at $5.70-6.00 EPS, with several analysts raising their price targets following the earnings beat.