BofA analyst Anna Lizzul lowered the firm’s price target on Kimberly-Clark to $110 from $115 and keeps an Underperform rating on the shares. Organic sales came in consistent with expectations, but total company volumes were flattish versus the firm’s expectation for 1% growth. The firm lowered its Q1 EPS estimate to $1.59 from $1.76 prior and lowered its 2024 EPS estimate to $6.71 from $6.91 prior after the Q4 report and Kimberly-Clark having introduced 2024 guidance.
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