Barclays picks winners and losers in consumer products sector

Barclays assigns Clorox (CLX) an Underweight rating with the company seeing pressure in several key markets. The price target on Clorox was reduced by $2 to $79.

Procter & Gamble (PG) is cut to Equal Weight from Overweight on Barclay's stance that shares will stay range-bound until management proves it can drive top-line growth.

Colgate-Palmolive (CL) is the out-performer of the bunch, being lifted by the investment firm to Overweight.

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