Kimberly-Clark price target lowered to $162 from $165 at RBC Capital

RBC Capital lowered the firm’s price target on Kimberly-Clark (KMB) to $162 from $165 and keeps an Outperform rating on the shares. Despite Kimberly-Clark’s topline miss, margins were in-line and EPS surpassed expectations, which is again a demonstration of the company’s new operating model at work, the analyst tells investors in a research note. The company also believes that it will be able to mitigate tariff headwinds via network optimization, the firm adds.