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Kimberly Clark (KMB) Stock Rating Upgraded at Deutsche Bank

2015-09-15 17:15:14| Paper - Topix.net

The rating upgrade was based on a pullback in the stock, benign commodities, healthy market shares, sold dividend yield and reasonably supportive category growth, Deutsche Bank said. "With shareholder friendly capital allocation and reasonable valuation, downside is limited, with multiple expansion and earnings growth driving upside, unless rate increases are significant," the firm said in an analyst note.

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