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Goldman Sachs downgrades Clorox: Valuation is ‘unsustainably high’

Goldman Sachs downgraded its rating on Clorox shares to sell from neutral on Wednesday, casting doubt over the company’s ability to perform through the fourth quarter of this year. “We see unsustainably high relative valuation for Clorox … compounded by” risk to its earnings, Goldman Sachs wrote in a note …

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The one chart that explains Netflix’s stunning comeback

Netflix just lost $9 billion in market cap. It could have been so much worse. At session lows on Tuesday, the stock was down 14 percent – if it had closed there, it would have been its worst day since August 2016. That bulls rushed in to save Netflix from …

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Twitter shares run since April means upside done

Michael Nagle | Bloomberg | Getty Images The Twitter Inc. logo is seen behind a phone displaying the company’s mobile application. The blue badge with white tick is the sign that an account is verified. Macquarie Research lowered its rating on shares of Twitter to “neutral” from “buy” on Wednesday, …

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