Reported 7 months ago
Kimberly-Clark's shares are up after Bank of America upgraded the stock from Underperform to Buy, highlighting strategic changes to enhance margins and operations. The analysts also increased the price target from $115 to $160, citing opportunities for market share expansion and innovations as well as improvements in gross margins and supply chain efficiencies. This upgrade reflects optimism about the company's growth potential and positive outlook amid post-pandemic conditions.
Source: YAHOO