Kimberly-Clark price target raised to $130 from $125 at Wells Fargo

Wells Fargo analyst Chris Carey raised the firm’s price target on Kimberly-Clark to $130 from $125 and keeps an Equal Weight rating on the shares. The bar seems high into Q1 earnings and the firm’s analysis points to upside in the quarter, though less for 2023, the analyst tells investors in a research note.