JP Morgan Maintains Underweight on Kimberly-Clark, Lowers Price Target to $140
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Andrea Teixeira maintains an Underweight rating on Kimberly-Clark (NYSE:KMB) and lowers the price target from $142 to $140.
October 23, 2024 | 5:32 pm
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JP Morgan has maintained its Underweight rating on Kimberly-Clark and slightly lowered the price target from $142 to $140, indicating a cautious outlook.
The maintenance of an Underweight rating and the reduction of the price target suggest a negative sentiment from JP Morgan, which could lead to a short-term decline in KMB's stock price as investors react to the cautious outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100