Barclays Maintains Equal-Weight on Kimberly-Clark, Raises Price Target to $136
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Lauren Lieberman maintains an Equal-Weight rating on Kimberly-Clark (KMB) and raises the price target from $132 to $136.
April 25, 2024 | 6:17 pm
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Barclays maintains an Equal-Weight rating on Kimberly-Clark and raises the price target to $136.
The increase in price target by Barclays reflects a positive outlook on Kimberly-Clark's future performance. This adjustment suggests that the analyst sees potential for growth or stability in the company's stock price, likely due to favorable business conditions or financial performance. As price targets can influence investor perception and market sentiment, this revised target may lead to increased investor interest and potentially a short-term uplift in the stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90