Morgan Stanley Adjusts Kimberly-Clark Rating to "Restricted" Amid Speculation of Potential Acquisition or Advisory Role

Kimberly-Clark's stock rose 2.13% after Morgan Stanley adjusted its rating to "restricted," speculating that the company may be a potential acquisition target or that Morgan Stanley has been hired to provide advisory services. The rating adjustment follows Kimberly-Clark's announcement of a $40 billion acquisition of Kenvue. Market commentator Jim Cramer highlighted investment opportunities in underperforming consumer goods stocks, praising Kenvue's brand strength despite controversies surrounding its Tylenol product.