Kimberly-Clark Q4 Preview: Barclays Cuts Target to $102, Cites Lack of Fundamentals

Barclays cut its price target on Kimberly-Clark to $102 from $132, citing that recent enthusiasm around the stock is driven by "a flight to safety" rather than improving fundamentals. The firm warned of potential headwinds from oil and currency pressures. ISS recommended supporting Kimberly-Clark's proposed acquisition of Kenvue, citing the deal's potential to strengthen the company's financial profile and improve key metrics.