TD Cowen lowered the firm’s price target on Kimberly-Clark (KMB) to $112 from $130 and keeps a Hold rating on the shares. The firm updated its model following their acquisition announcement of Kenvue (KVUE).
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Read More on KMB:
- BofA moves to No Rating on Kenvue after Kimberly-Clark deal
- Kimberly-Clark price target lowered to $125 from $144 at Morgan Stanley
- Kimberly-Clark price target lowered to $110 from $129 at Wells Fargo
- Kimberly-Clark’s Acquisition of Kenvue: Balancing Strategic Potential with Execution Risks and Market Concerns
- Kimberly-Clark downgraded to In Line from Outperform at Evercore ISI