Bernstein Upgrades Kimberly-Clark to Market Perform, Lowers Price Target to $118
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Callum Elliott has upgraded Kimberly-Clark (NYSE:KMB) from Underperform to Market Perform, but lowered the price target from $125 to $118.

October 12, 2023 | 9:22 am
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Kimberly-Clark's rating has been upgraded to Market Perform by Bernstein, but the price target has been lowered to $118.
The upgrade from Underperform to Market Perform indicates a more positive outlook on Kimberly-Clark's stock. However, the lowering of the price target from $125 to $118 suggests that the analyst believes the stock may not rise as much as previously expected. This could have a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100