As previously reported, Argus analyst John Staszak upgraded Kimberly-Clark (KMB) to Buy from Hold with a $120 price target. The firm notes that the stock has underperformed recently, but the company has delivered a Q3 earnings beat and also announced the acquisition of Kenvue (KVUE) that is expected to close in the second half of next year, the analyst tells investors in a research note.
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