Jefferies Lowers Clorox Target
This is a Clorox news story, published by Yahoo Finance, that relates primarily to CLX news.
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Business & Economics
Jefferies Cuts Clorox Price Target to $145 Amid ERP Transition Turbulence, Maintains Buy

76% Informative
Jefferies lowered its price target on Clorox (NYSE: CLX ) from $167 to $ 145 , while reiterating a Buy rating on the stock.
Jefferies cited short-term uncertainty stemming from the company's upcoming rollout of its ERP system.
The firm sees a buying opportunity in what it describes as the “messiness” of this transition period, arguing that long-term investors could benefit.
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