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Why Wall Street Expects Downside in KMB Stock

Why Wall Street Expects Downside in KMB Stock

Wall Street analysts maintain a target price of $105.65 per share on Kimberly-Clark (KMB) stock, which indicates a downside of 8.5%, based on its closing price of $115.45 on November 27. Analysts expect Kimberly-Clark’s soft sales and weak margins to hurt its stock in the near term. Kimberly-Clark’s top line is expected to decline in the next couple of quarters, reflecting adverse currency rates and challenging market conditions in China.