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Jefferies Cuts Clorox Price Target to $145 Amid ERP Transition Turbulence, Maintains Buy

The Clorox Company (NYSE:CLX) is one of the Best Stagflation Stocks to Buy Now. On June 26, Jefferies lowered its price target on Clorox (NYSE: CLX) from $167 to $145, while reiterating a Buy rating on the stock. The firm cited short-term uncertainty stemming from Clorox’s upcoming rollout of its U.S. Enterprise Resource Planning (ERP) system. As the transition unfolds, Jefferies expects timing disruptions in shipping to make near-term modeling unusually difficult, potentially creating pockets of both unexpected operating leverage and deleverage.

Looking ahead to fiscal 2026, the firm believes Clorox is likely to guide for organic sales to decline between 2% and 4%, with EPS dropping in the low-teens percent range. Jefferies also warned that current consensus estimates are too optimistic and will require what it called a “recalibration.”

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Despite the turbulence, the firm sees a buying opportunity in what it describes as the “messiness” of this transition period, arguing that long-term investors could benefit as the company works through short-term friction.

Clorox (NYSE:CLX) is a U.S.-based consumer goods company best known for its namesake bleach, but its portfolio spans far beyond cleaning products. It owns well-known brands like Pine-Sol, Burt’s Bees, Glad, and Kingsford, covering categories from home care and trash bags to natural personal care and grilling.

While we acknowledge the potential of CLX to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CLX and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

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Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

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