UBS Maintains Neutral on Kimberly-Clark, Raises Price Target to $138
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Peter Grom maintains a Neutral rating on Kimberly-Clark (NYSE:KMB) and raises the price target from $135 to $138.
April 24, 2024 | 4:16 pm
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NEUTRAL IMPACT
UBS has maintained a Neutral rating on Kimberly-Clark and increased the price target from $135 to $138.
The adjustment in price target by UBS reflects a modestly positive outlook on Kimberly-Clark's future performance, without changing the overall neutral stance. This suggests that while UBS sees some positive aspects in Kimberly-Clark's business or market position, it does not warrant a more bullish rating at this time. The increase in price target could lead to a slight positive sentiment among investors, but the neutral rating indicates that significant upside or downside is not anticipated in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 90