Kimberly-Clark Gets A Double Upgrade By This Analyst: ‘Gross Margins Could Reach 40% By 2030’
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Earlier this month, Kimberly-Clark Corp (NYSE:KMB) received a rating upgrade from RBC Capital analyst Nik Modi.
The company’s volume inflection in the first quarter likely marks the “beginning of a longer-term improvement,” according to BofA Securities.
The Kimberly-Clark Analyst: Anna Lizzul upgraded the rating for Kimberly-Clark from Underperform to Buy, while raising the price target from $115 to $160.
The Kimberly-Clark Thesis: The company’s volumes inflected in the first quarter after two years of declines, Lizzul said in the upgrade note.
Check out other analyst stock ratings.
The initiatives mentioned during the company’s Investor …
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