Wells Fargo analyst Chris Carey lowered the firm’s price target on Kimberly-Clark to $125 from $135 and keeps an Equal Weight rating on the shares. The firm says that whatever one thought EPS could be next 12 months, that number is almost certainly lower post-Q4 and Kimberly-Clark’s trading range with it.
Published first on TheFly
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- 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
- Kimberly-Clark price target raised to $136 from $129 at UBS
