Wells Fargo Maintains Equal-Weight on Kimberly-Clark, Raises Price Target to $136
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Chris Carey has maintained an Equal-Weight rating on Kimberly-Clark (NYSE:KMB) and increased the price target from $131 to $136.

April 24, 2024 | 2:38 pm
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Wells Fargo has maintained an Equal-Weight rating on Kimberly-Clark and raised the price target from $131 to $136.
The increase in price target by Wells Fargo suggests a positive outlook on Kimberly-Clark's future stock performance, potentially leading to short-term price appreciation. The Equal-Weight rating indicates that the stock is expected to perform in line with the market or sector, but the raised target price signals analyst confidence in the company's potential to reach higher valuation levels.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100