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Fly News Breaks for August 2, 2019
CLX
Aug 2, 2019 | 07:46 EDT
RBC Capital analyst Nik Modi raised his price target on Clorox to $161 after its Q4 earnings beat driven by improved cleaning trends and expanding gross margins. The analyst keeps his Sector Perform rating however, saying the fundamentals for the company should be "challenging" for the near future and the road to recovery may take longer than its management projects.
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