Wells Fargo lowered the firm’s price target on Kimberly-Clark (KMB) to $100 from $110 and keeps an Equal Weight rating on the shares. The firm is broadly lowering estimates for the sector ahead of quarterly results. The earnings revisions were anchored by unique, company-specific commodity sheets in all Wells’ models, the firm adds. This makes the margin builds much more specific to the track of this inflationary backdrop, namely into Q4 2026 and 2027, with embedded recovery into 2028.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KMB:
- Kimberly-Clark employee arrested on arson charges, Bloomberg says
- Kimberly-Clark tells Bloomberg aware of fire at California distribution center
- Kimberly-Clark price target lowered to $105 from $110 at UBS
- Kimberly-Clark price target lowered to $96 from $105 at TD Cowen
- Kimberly-Clark price target lowered to $109 from $110 at Deutsche Bank