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Citi Sticks to Its Hold Rating for Clorox (CLX)

Tipranks - Tipranks - Tue Mar 3, 5:40AM CST

Citi analyst Filippo Falorni maintained a Hold rating on Clorox on February 27 and set a price target of $115.00. The company’s shares closed last Friday at $127.16.

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According to TipRanks, Falorni is a 3-star analyst with an average return of 3.5% and a 64.38% success rate. Falorni covers the Consumer Defensive sector, focusing on stocks such as The Estée Lauder Companies, Newell Brands, and Clorox.

In addition to Citi, Clorox also received a Hold from Morgan Stanley’s Dara Mohsenian in a report issued on February 22. However, on February 23, Evercore ISI maintained a Sell rating on Clorox (NYSE: CLX).

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Based on Clorox’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.67 billion and a net profit of $157 million. In comparison, last year the company earned a revenue of $1.69 billion and had a net profit of $193 million

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