Kimberly-Clark (KMB) Misses Q3 EPS by 4c, Lowers FY EPS Guidance

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Berenberg Downgrades Kimberly Clark (KMB) to Hold

October 26, 2021 5:42 AM EDT

Berenberg analyst Fulvio Cazzol downgraded Kimberly Clark (NYSE: KMB) from Buy to Hold with a price target of $127.00.

The analyst commented, "We downgrade Kimberly-Clark (KC) to Hold (from Buy) following the significant profit warning (9%) at the Q3 2021 results on 25 October as well... More