Citigroup Maintains Sell on Kimberly-Clark, Lowers Price Target to $111
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 $126 to $111.
October 11, 2023 | 4:00 pm
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NEGATIVE IMPACT
Citigroup has maintained a 'Sell' rating on Kimberly-Clark and lowered the price target from $126 to $111, which could negatively impact the stock's price.
The 'Sell' rating maintained by Citigroup indicates a negative outlook for Kimberly-Clark. The lowering of the price target from $126 to $111 suggests that the analyst believes the stock is overvalued at its current price, which could lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100