Clorox price target lowered to $117 from $125 at Wells Fargo

Wells Fargo lowered the firm’s price target on Clorox (CLX) to $117 from $125 and keeps an Equal Weight rating on the shares. The firm notes the company’s Q1 and FY26 guide were soft albeit amid fears that had built. Wells doesn’t expect much change to narrative here, awaiting needed improvement into the second half of the year and debates on underlying growth into FY27.