Clorox price target lowered to $132 from $142 at RBC Capital

RBC Capital lowered the firm’s price target on Clorox (CLX) to $132 from $142 and keeps a Sector Perform rating on the shares. The company reported a stronger-than-expected topline with help from shipment timing, but higher costs pressured margins leading to an EPS miss, the analyst tells investors in a research note.