Kimberly-Clark price target raised to $132 from $130 at UBS

UBS raised the firm’s price target on Kimberly-Clark (KMB) to $132 from $130 and keeps a Neutral rating on the shares. The setup was “tricky” heading into the print, with discussions suggesting that an underwhelming print was expected given recent top-line trends and challenged category growth and was already priced in, but Kimberly-Clark delivered a better-than-expected print and maintaining their FY25 EPS guidance, the analyst tells investors in a research note. UBS is encouraged by the stronger print and thinks the company’s EPS guidance range looks increasingly achievable, but believes greater fundamental visibility is needed to get constructive.