Piper Sandler Raises Price Target on Kimberly-Clark Corporation (KMB) on Productivity Gains

Kimberly-Clark Corporation (NASDAQ:KMB) ranks among the top NASDAQ stocks for retirement. Piper Sandler increased its price objective for Kimberly-Clark Corporation (NASDAQ:KMB) to $121 from $115 on June 17, while keeping an Overweight rating on the company’s shares. The firm highlighted that cost headwinds remain relatively manageable, aided by solid productivity gains and a recent drop in oil prices.

The updated price target is approximately 16x 2027 expected earnings per share, an increase from the previous 15x. Kimberly-Clark Corporation (NASDAQ:KMB) has expanded its June merchandising, according to the firm, and innovation is expected to pick up in the latter half of 2026.

Piper Sandler anticipated $150 million to $170 million in additional gross inflation, assuming oil at $100 per barrel, compared with $80 per barrel now. According to the firm, the upside from Kimberly Clark’s KVUE transaction will not be realized until 2028.

​Kimberly-Clark Corporation (NASDAQ:KMB) is a global company focused on consumer goods, personal care products, and solutions. It operates through two segments: North America and International Personal Care.

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