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Fly News Breaks for October 3, 2019
CLX
Oct 3, 2019 | 08:00 EDT
JPMorgan analyst Andrea Teixeira lowered her price target for Clorox to $137 from $143 after the company cut both its fiscal 2020 and long-term growth guidance and called for a worse than anticipated Q1 because of currency. The analyst still sees further downside risk to earnings despite the guidance cut and reiterates an Underweight rating on the shares.
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