Piper Sandler raises Kimberly-Clark price target to $121
Piper Sandler analyst Michael Lavery maintained an Overweight rating on Kimberly-Clark and increased the price target to $121 from $115, signaling continued confidence in the stock.
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Piper Sandler analyst Michael Lavery has maintained an Overweight rating on Kimberly-Clark, raising the price target to $121 from $115. The adjustment reflects a revised outlook on the stock's valuation potential.
Rating and Price Action
The research note confirms the firm's positive stance on Kimberly-Clark shares. The new price target of $121 represents an increase over the prior target of $115.
| Metric | Value |
|---|---|
| Rating | Overweight |
| Previous Price Target | $115 |
| New Price Target | $121 |
What specific valuation metrics drove the decision to raise the price target?
How might Kimberly-Clark's upcoming earnings report impact this revised outlook?
What are the key risks that could prevent the stock from reaching the new $121 target?
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