Kimberly-Clark's Growth Potential 'Underestimated,' Analyst Sees Attractive Entry Point

Goldman Sachs analyst Bonnie Herzog reiterated the Buy rating on Kimberly-Clark Corporation KMB stock, with a price forecast of $152.The company reported third quarter adjusted earnings per share of$1.83, beating the street view of $1.70. Quarterly revenues of$4.952 billion missed the analyst consensus of $5.048 billion.According to Herzog, Kimberly-Clark’s management efforts on productivity and the current environment are conducive to margin expansion.The analyst projects that the market underestimates t ...