Clorox price target raised to $140 from $130 at Barclays

Barclays analyst Lauren Lieberman raised the firm’s price target on Clorox (CLX) to $140 from $130 and keeps an Underweight rating on the shares. The company’s enterprise resource planning implementation should drive margin growth, but sales growth “remains an open question and will be for some time,” the analyst tells investors in a research note.