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Fly News Breaks for April 19, 2018
CLX
Apr 19, 2018 | 06:36 EDT
As previously reported, Morgan Stanley downgraded Clorox to Underweight from Equal Weight and cut its price target to $116 from $128. Analyst Dara Mohsenian said valuation looks "stretched" on muted earnings growth and lowered his FY19 earnings estimate by 2% to reflect deterioration in US Household Products sector.
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