
Buy Rating Reiterated on Kimberly-Clark as Strategic Kenvue Deal and Synergy Upside Support Unchanged $120 Price Target

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Anna Lizzul from Bank of America Securities has reiterated a Buy rating on Kimberly-Clark with a price target of $120. The rating is supported by the strategic acquisition of Kenvue, which is expected to create value through synergies and enhance Kimberly-Clark's portfolio. Lizzul notes the attractive purchase price and potential for revenue growth, especially as legal concerns regarding Tylenol ease. RBC Capital also maintains a Buy rating with a higher price target of $162.
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