NYSE:CLX

Track all markets on TradingView - Prices are not updated in real time
Clorox Stock Falls 3% as Wells Fargo Cuts Price Target to $90

Clorox shares fell 3% to $86.08 on Friday as Wells Fargo lowered its price target on the consumer products company while maintaining an Equal Weight rating.

Wells Fargo analyst Chris Carey reduced the firm’s price target to $90 from $102. The new target represents only about 4.6% upside from Clorox’s current share price, suggesting limited appreciation potential based on the firm’s valuation.

UBS analyst Peter Grom also reiterated a Neutral rating on Clorox, reinforcing a cautious analyst stance toward the stock.

The combination of Wells Fargo’s sizable price-target reduction and neutral ratings from both firms comes as Clorox shares trade under pressure, with investors weighing the company’s growth and valuation outlook.
💬
Author
Global Finance News 09-11-26

Dividend Growth Stocks: The Clorox Company (CLX) Dividend Stock Analysis

the clorox company, dividend stock analysis..

(dividend-growth-stocks.com)
💬
Author
Global Finance News 12-07-25
Clorox Appoints Gina Boswell to Board of Directors

The Clorox Company has announced that its Board of Directors has elected Gina Boswell as a new member, with the appointment becoming effective on May 19, 2025. Boswell will also join the company’s Nominating, Governance and Corporate Responsibility Committee on the same date.

Boswell will receive standard compensation for non-employee directors, along with the company’s director indemnification agreement. Clorox issued a formal press release to announce her election.
💬
M
ME NEWS 05-13-25
The Clorox Company announced that its Chief Financial Officer, Kevin Jacobsen, will retire on April 1, 2025, after nearly 30 years of service. He will remain in an advisory role until June 2025.

Luc Bellet, currently Vice President – Treasurer, has been appointed as Executive Vice President – Chief Financial Officer, effective April 1, 2025. Bellet, who has been with Clorox since 2006, has held various senior leadership roles in finance, including in financial planning and analysis and internal audit.

As part of his new role, Bellet’s base salary will increase to $725,000, and his short-term incentive target will rise from 50% to 100% of his salary. He will also receive restricted stock units worth $400,000, vesting over four years, and performance shares valued at $600,000 with a three-year performance period ending June 30, 2027.
💬
Author
WS News 01-29-25
Video Thumbnail
09-25-25The Investor
Video Thumbnail
05-23-25Global Finance News
Video Thumbnail
04-14-25Global Finance News