Clorox price target raised to $170 from $165 at Citi

Citi raised the firm’s price target on Clorox to $170 from $165 and keeps a Neutral rating on the shares after meeting with management. The firm came away with conviction that Clorox should continue to recover shelf space and market share as it cycles the cyberattack impacts with conservative fiscal Q1 guidance. Citi reiterates its short-term positive view on the shares.