JPMorgan analyst Andrea Teixeira upgraded Kimberly-Clark (KMB) to Overweight and raised her price target for the shares to $129 from $108. While the company's sales growth is still facing secular challenges, it has an opportunity to drive "significant operating margin expansion ahead," Teixeira tells investors in a research note. Following two consecutive years of operating margin challenges, the analyst believes Kimberly-Clark's margins can inflect positively in 2019 due to cost savings, price increases and waning input cost inflation. Teixeira's top pick in Household and Personal Care remains Procter & Gamble (PG).

Barclays analyst Lauren Lieberman raised the firm's price target on Kimberly-Clark to $136 from $132 and keeps an Equal Weight rating on the shares. The company reported strong Q1 results, both on productivity and volume, the analyst tells investors in a research note.

Deutsche Bank raised the firm's price target on Kimberly-Clark to $139 from $134 and keeps a Hold rating on the shares following the Q1 report.