TD Cowen analyst Robert Moskow maintained a Hold rating on Kimberly Clark today and set a price target of $145.00.
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Robert Moskow has given his Hold rating due to a combination of factors that reflect both positive and cautious elements in Kimberly Clark’s performance. The company reported a strong second quarter with better-than-expected results, primarily driven by the divestiture of its IFP segment and favorable tariff and foreign exchange conditions. However, despite these positive outcomes, there are concerns regarding Kimberly Clark’s exposure to commoditized categories such as paper products, which can lead to volatile financial results.
Additionally, while there is solid growth in North American consumption and market share gains in several regions, the company’s performance is tempered by challenges such as the declining birth rate in the U.S., which affects the diapers category. Kimberly Clark has managed to outperform competitors like P&G through innovation and market share gains, but the overall volatility and exposure to commoditized markets contribute to the Hold rating. This balanced view reflects both the strengths and the risks associated with the company’s current market position.
In another report released today, Barclays also maintained a Hold rating on the stock with a $139.00 price target.