Clorox price target lowered to $150 from $155 at Citi

Citi lowered the firm’s price target on Clorox to $150 from $155 and keeps a Neutral rating on the shares. The company’s sales recovery post the cyberattack slowed in fiscal Q3, the analyst tells investors in a research note. The firm believes the stock will be more driven by the sales trajectory going forward with re-inflating commodities posing risk to margins in fiscal 2025.