HSBC Maintains Hold on Kimberly-Clark, Raises Price Target to $146
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Alejandro Zamacona has maintained a Hold rating on Kimberly-Clark (NYSE:KMB) and increased the price target from $134 to $146.

March 28, 2024 | 1:06 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
HSBC has maintained a Hold rating on Kimberly-Clark and raised the price target from $134 to $146.
The increase in price target by HSBC suggests a positive outlook on Kimberly-Clark's future performance. This adjustment reflects an expectation of stronger financial health or market position than previously anticipated. Investors might see this as a sign of potential growth, influencing a positive short-term impact on the stock price. However, the Hold rating indicates that the stock might already be valued appropriately, tempering expectations for a significant price movement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100