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-0.000387259173201726 -0.000387259173201726 -0.000677703553102986 -0.000677703553102986 0.00242036983251041 0.00208151805595885 0.00014522218995063 -0.00183948107270789
Stock impact report

Jefferies Downgrades Kenvue (KVUE) to Hold With $18 PT Over Limited Upside, Litigation Risks [Yahoo! Finance]

Kimberly-Clark Corporation (KMB) 
Last kimberly-clark corporation earnings: 4/22 07:30 am Check Earnings Report
US:NYSE Investor Relations: investor.kimberly-clark.com
Company Research Source: Yahoo! Finance
Following shareholder approval for the Kimberly-Clark merger, the firm noted that Kimberly-Clark Corp. (NASDAQ: KMB ) seems comfortable with Kenvue's litigation risks and slowing trends. Jefferies expects limited upside as shares trade near the $18 offer value, resulting in the stock's removal from its Franchise Pick list. On January 29, Shareholders of Kimberly-Clark and Kenvue overwhelmingly approved all proposals for Kimberly-Clark's acquisition of Kenvue. Preliminary results show that approximately 96% of Kimberly-Clark shares present at the meeting supported the issuance of common stock for the deal, while roughly 99% of Kenvue's voting shares (representing about 77% of all outstanding stock) voted in favor of the merger agreement. Monkey Business Images/Shutterstock.com CEOs from both companies expressed confidence that the combination will create a global leader in health and wellness by uniting iconic brands like Huggies and Kleenex with Tylenol and Neutrogena. The trans Show less Read more
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