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Clorox gains as Jefferies upgrades to 'buy', raises PT



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** Shares of bleach maker Clorox CLX.N up 1.3% at $165.09 premarket

** Jefferies lifts rating on stock to "buy" from "hold"

** Raises PT from $174 to a Street high of $187, a 14.8% upside to last close

** "... we expect Clorox to return to its past, a company delivering peer-leading economic profit growth and return on capital," Jefferies analyst Kaumil Gajrawala writes

** On track to fully restore U.S. revenues in FY25 while improving its portfolio mix and should benefit from implementation of new enterprise resource planning systems - brokerage

** Four of 23 brokerages rate the stock "buy" or higher, 13 "hold" and 6 "sell" or lower; their median PT is $152.50

** As of last close, CLX up 14% YTD



Reporting by Juveria Tabassum in Bengaluru

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