Kimberly-Clark price target raised to $130 from $128 at Deutsche Bank

Deutsche Bank raised the firm’s price target on Kimberly-Clark to $130 from $128 and keeps a Hold rating on the shares ahead of the Q4 report. Despite a still generally favorable input cost backdrop and easing currency, investor sentiment surrounding Kimberly-Clark remains generally subdued, reflecting valid market concerns related to the company’s ability to maintain sales momentum in the face of potential U.S. slowing, persistent softness in China, and still elusive volume recovery amid decelerating pricing, the analyst tells investors in a research note.