B of A Securities Maintains Underperform on Kimberly-Clark, Raises Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Anna Lizzul maintains an Underperform rating on Kimberly-Clark (NYSE:KMB) and raises the price target from $110 to $115.

April 24, 2024 | 5:23 pm
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B of A Securities maintains an Underperform rating on Kimberly-Clark, but raises the price target from $110 to $115.
The adjustment in price target by B of A Securities suggests a slightly more positive outlook on Kimberly-Clark's valuation, despite maintaining an Underperform rating. This could indicate an expectation of some improvement in the company's performance or market conditions, but not enough to change the overall bearish stance. Investors might see this as a nuanced view, potentially leading to mixed reactions in the short term.
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