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Stock impact report

Barclays Raises Clorox (CLX) Target to $109 but Keeps Underweight on Fundamentals Concerns [Yahoo! Finance]

Clorox Company (The) (CLX) 
Last clorox company (the) earnings: 5/1 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
On January 16, Barclays raised its price target on The Clorox Company (NYSE:CLX) to $109 from $108, but it still kept an Underweight rating on the stock. The change came as part of Barclays' Q4 preview for the consumer staples space. In the note, the firm said the recent “enthusiasm” in Clorox shares appears to be driven more by “a flight to safety” than by improving fundamentals. Barclays also said it remains worried about both Clorox's outlook and the broader sector, especially with potential oil and currency headwinds that could show up more clearly in 2026. Clorox's stock performance has been rough for a while now, down more than 45% over the past five years. The company has been clear that this fiscal year is more of a reset and transition period, mainly because it's in the middle of rolling out a major ERP system upgrade. Management has said key parts of the business, including international operations, supply chain, finance, and data systems, had become outdated over time, w Show less Read more
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