Shares of Clorox Co. tumbled 4.3% in morning trade Wednesday, after Goldman Sachs turned bearish on the consumer goods company, citing "stretched" valuation and earnings risk, given pricing headwinds. Analyst Jason English cut his rating to sell, after being at neutral for at least the past three years, and slashed his price target to $112--13% below current levels--from $127. English said he believes the stock's valuation is "unsustainably high" relative to its peers. Clorox's price-to-earnings ratio (P/E) is currently 21.11... Читать дальше...