Citigroup Maintains Sell on Kimberly-Clark, Lowers Price Target to $126
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Filippo Falorni maintains a 'Sell' rating on Kimberly-Clark (NYSE:KMB) and has lowered the price target from $130 to $126.
July 26, 2023 | 2:24 pm
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Citigroup has maintained a 'Sell' rating on Kimberly-Clark and lowered the price target from $130 to $126.
The 'Sell' rating maintained by Citigroup indicates a negative outlook for Kimberly-Clark. The lowering of the price target from $130 to $126 suggests that the analyst believes the stock is overvalued at its current price, which could lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100