BNP Paribas Exane Lowers Outlook on Kimberly-Clark (KMB) Ahead of 2026 Acquisition

Kimberly-Clark Corporation (NASDAQ:KMB) is included among the 15 Blue Chip Dividend Stocks to Build a Passive Income Porfolio.

BNP Paribas Exane Lowers Outlook on Kimberly-Clark (KMB) Ahead of 2026 Acquisition

On December 1, Kimberly-Clark Corporation (NASDAQ:KMB)’s price target was reduced by BNP Paribas Exane to $110 from $127. The firm reaffirmed a Neutral rating on the stock. The adjustment followed the company’s planned acquisition of Kenvue, which is expected to close in the second half of 2026. The analyst further said that the valuation ‘appears undemanding’ but also noted significant integration risk.

Alongside the Kenvue deal, Kimberly-Clark Corporation (NASDAQ:KMB) is also making Vietnam a key manufacturing hub for Southeast Asia as part of its expansion plans. It has already taken a first step toward the plan, buying 1.2 hectares of land next to its factory, about an hour from Ho Chi Minh City, which will boost production by about 40%. This development is a part of a broader strategy aimed at increasing exports, considering that half of its production in Vietnam is shipped to 18 different markets.

Kimberly-Clark Corporation (NASDAQ:KMB)’s expansion plans are not confined geographically, as the company is also trying to stay competitive in a digital world by testing new approaches. This includes working with parenting communities and expanding e-commerce efforts.

Kimberly-Clark Corporation (NASDAQ:KMB) specializes in personal care products, such as Kleenex and Huggies, and also supplies products to professional and commercial customers.

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