Clorox price target raised to $145 from $140 at Jefferies

Jefferies analyst Kevin Grundy raised the firm’s price target on Clorox to $145 from $140 and keeps a Hold rating on the shares ahead of the company’s report due on Thursday, February 2. The firm, which expects "modest" sales and earnings upside and believes Clorox is "facing a lower bar" than its Household & Personal Care Products peers, predicts the company will lift the low-end of its FY23 organic sales growth guidance and earnings outlook.