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Clorox PT raised by Citi on market share recovery



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** Brokerage Citigroup raises PT on cleaning product maker Clorox's CLX.N shares to $170 from $165, maintains "neutral" rating

** Clorox should continue to recover shelf space and market share it lost after being hit by cyberattack last August - Citi

** Company to benefit from sequential improvement in key categories such as trash bags, multipurpose cleaners and bleach - brokerage

** Clorox still working to recover share lost to peer Church & Dwight CHD.N and private label brands, given relatively sticky consumer behavior in the category - brokerage

** Brokerage Jefferies also maintains "hold" rating, raises PT to $174 from $151

** Clorox will be able to pull off its 3% to 5% organic sales growth forecast in FY25 - Jefferies
** 3 of 23 brokerages rate stock "buy", 14 "hold" and 6 "sell"; median PT $150.50 - LSEG

** Clorox's stock up nearly 16% YTD as of last close



Reporting by Anuja Bharat Mistry in Bengaluru

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