RBC Capital Upgrades Kimberly-Clark to Outperform, Raises Price Target to $165
Portfolio Pulse from Benzinga Newsdesk
RBC Capital has upgraded Kimberly-Clark (NYSE:KMB) from Sector Perform to Outperform and raised the price target from $126 to $165.
June 03, 2024 | 9:45 am
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RBC Capital has upgraded Kimberly-Clark from Sector Perform to Outperform and increased the price target from $126 to $165, indicating a positive outlook for the stock.
The upgrade from Sector Perform to Outperform and the significant increase in the price target from $126 to $165 by RBC Capital suggests strong confidence in Kimberly-Clark's future performance. This is likely to positively impact the stock price in the short term as investors react to the improved rating and higher price target.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100