Clorox Stock Crumbles Following Earnings Miss

Shares of household cleaning name Clorox Co (NYSE:CLX) are down 2.5% at $134.96 at last glance, after the company's fiscal third-quarter earnings and revenue missed estimates. Profits of$1.45 per share also fell below the $1.71 per share from the same quarter a year ago. A slew of analysts slashed their price targets after the event, including Morgan Stanley to$150 from $165. The stock has yet to see any downgrades, as 16 of the 17 brokerages in coverage already carry a "hold" or worse rating.On the chart ...