BNP Paribas Exane lowered the firm’s price target on Kimberly-Clark (KMB) to $110 from $127 and keeps a Neutral rating on the shares after updating the firm’s model for the Kenvue (KVUE) acquisition that is expected to close in the second half of 2026. The valuation “appears undemanding,” but integration risk is high and value creation in CPG is “spotty (at best),” the analyst tells investors.
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