Barclays Lowers Price Target for Kimberly-Clark to $99 Due to Input Cost Pressures
Barclays has lowered its price target for Kimberly-Clark (KMB) from $105 to $99, citing rising input costs and growing caution ahead of earnings. The firm also mentioned concerns about the sustainability of dividends in the food sector. A fire at a third-party logistics facility in California was reported, but no injuries or company assets were affected.
Tickers: $KMB
Topics: dividend sustainability input costs logistics incident price target stock analysis