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Kimberly-Clark gains 'Buy' rating after Kenvue deal seen as long-term value creator

Market News
14 May 2026
Proactive Investors
View Source
Bullish
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Bank of America upgraded Kimberly-Clark to a 'Buy' rating with a $120 price target following its acquisition of Kenvue assets. The deal, valued at about 14 times Kenvue's adjusted EBITDA, could generate $32 billion in combined revenue and $7 billion in EBITDA. Despite skepticism over cost and revenue synergy targets, analysts see potential value creation, especially if sector valuations improve. Kimberly-Clark's acquisition complements its product range, with strong brands like Tylenol and Zyrtec highlighted, while litigation concerns are easing.

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