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.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KMB:
- Kimberly-Clark upgraded to Buy at Argus after Q3 beat, Kenvue deal
- Kimberly-Clark upgraded to Buy from Hold at Argus
- Waste Management, Qorvo, CyberArk, Kimberly Clark, ADM: Trending by Analysts
- CHD, PG and KMB: The Safe Trio of Consumer Staple Stocks in a Frothy Market
- Kimberly Clark Announces Departure of Chief Digital Officer