Deutsche Bank analyst Steve Powers lowered the firm’s price target on Kimberly-Clark to $122 from $124 and keeps a Sell rating on the shares post the Q4 results. The analyst says the company is facing "palpable" cost headwinds in 2023.
Published first on TheFly
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Read More on KMB:
- Kimberly-Clark price target lowered to $125 from $135 at Wells Fargo
- Kimberly-Clark sees FY23 EPS up 2%-6% versus FY22 adjusted EPS
- KIMBERLY-CLARK ANNOUNCES YEAR-END 2022 RESULTS AND 2023 OUTLOOK
- Kimberly-Clark approves 1.7% increase in dividend to $1.18 per share
- Kimberly-Clark reports Q4 adjusted EPS $1.54, consensus $1.51
