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Piper Sandler Cuts PT on Kimberly-Clark Corporation (KMB) to $114 From $133 – Here’s Why
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Kimberly-Clark Corporation (NASDAQ:KMB) is one of the best ethical companies to invest in now according to Reddit. Piper Sandler cut the price target on Kimberly-Clark Corporation (NASDAQ:KMB) to $114 from $133 on March 13 and maintained an Overweight rating on the shares. The firm told investors that the company’s Q1 top-line momentum is tracking in line with what it had expected, with costs hedged roughly nine months out, securing roughly the balance of 2026. However, Piper also stated that if increased oil costs persist, there could be a risk to the outlook for 2027. In a separate development, Kimberly-Clark Corporation (NASDAQ:KMB) announced on March 6 the appointment of Francesco Tinto as Chief Information & Global Business Services (GBS) Officer, effective March 9, 2026, who will report to Russ Torres, President and Chief Operating Officer of Kimberly-Clark. Kimberly-Clark Corporation (NASDAQ:KMB) also received a rating update from Wells Fargo on February 17. The firm lifted the price target on the stock to $110 from $105 and reiterated an Equal Weight rating on the shares, stating that this marks the best start for Staples vs the S&P 500 ever. The firm added that it is refreshing price targets for sector moves. Kimberly-Clark Corporation (NASDAQ:KMB) manufactures and markets a range of products by employing advanced technologies in absorbency, nonwovens, and fibers. It operates in three segments: the Personal Care segment, the Consumer Tissue segment, and the K-C Professional segment. It sells its products under various brands, including Kleenex, Scott, Cottonelle, DryNites, Huggies, and others. While we acknowledge the potential of KMB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 15 Stocks That Will Make You Rich in 10 Years AND 12 Best Stocks That Will Always Grow. Disclosure: None. Follow Insider Monkey on Google News.