Goldman Sachs analyst Jason English said Kimberly-Clark's growth story is misunderstood, resulting in shares that are undervalued. He expects an inflection in second half organic growth as China price pressures fade and market share losses are lapped. English said the Personal Care segment is set to resume its leadership role from emerging market penetration adn frequency gains, resulting in improving growth. The analyst views Kimberly-Clark shares as "compelling" and raised his price target to $157 from $151 and reiterated his Buy rating.
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.
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
Notable gainers among liquid option names this morning include Globe Life (GL) $71.33 +4.94, Super Micro (SMCI) $764.85 +47.83, Danaher (DHR) $250.88 +14.79, Kimberly Clark (KMB) $136.87 +7.94, and General Motors (GM) $45.38 +2.17.
Check out this morning's top movers from around Wall Street, compiled by The Fly. UP AFTER EARNINGS... To see the rest of the story go to thefly.com. See Story Here