JP Morgan Maintains Underweight on Kimberly-Clark, Raises Price Target to $125
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Andrea Teixeira has maintained an Underweight rating on Kimberly-Clark (NYSE:KMB) but increased the price target from $119 to $125.

January 18, 2024 | 7:34 pm
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JP Morgan has maintained its Underweight rating on Kimberly-Clark but raised the price target from $119 to $125.
While the Underweight rating suggests that JP Morgan analysts believe Kimberly-Clark may underperform the broader market or sector, the increase in price target could imply a slightly more positive outlook on the company's future performance. However, since the rating remains Underweight, the impact on the stock price is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100