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CLX Crosses Above Average Analyst Target

1 day 17 hours ago
In recent trading, shares of Clorox Co (Symbol: CLX) have crossed above the average analyst 12-month target price of $92.12, changing hands for $93.80/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation,

CLX Crosses Above Average Analyst Target

1 day 17 hours ago
In recent trading, shares of Clorox Co (Symbol: CLX) have crossed above the average analyst 12-month target price of $92.12, changing hands for $93.80/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation,

CLX Crosses Above Average Analyst Target

1 day 17 hours ago
In recent trading, shares of Clorox Co (Symbol: CLX) have crossed above the average analyst 12-month target price of $92.12, changing hands for $93.80/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation,

BMW warns on profits as it counts cost of plan for 8,000 job cuts

1 day 17 hours ago

German carmaker slashes profit margin to between -0.5% and 0.5% this year in face of competition from China

The German carmaker BMW has issued its second profit warning in a year, blaming the costs of a restructuring programme including significant job losses in the face of continuing competition from China.

The company is the latest to issue a profit downgrade in the German car sector, after Mercedes-Benz last week cut its profit outlook. Western automakers have struggled to keep pace with lower-cost Chinese rivals, which has led to reduced sales in China and a rise in Chinese exports to Europe.

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