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Clorox price target lowered to $144 from $151 at JPMorgan

JPMorgan analyst Andrea Teixeira lowered the firm’s price target on Clorox (CLX) to $144 from $151 and keeps a Neutral rating on the shares. The firm updated the company’s model post the fiscal Q3 report. Clorox missed organic sales growth and adjusted earnings expectations, and management lowered high end of fiscal 2025 sales guidance due to a slowdown in consumption and retailer destocking, the analyst tells investors in a research note.

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