Kimberly-Clark Corporation (NASDAQ:KMB) shareholders approve acquisition of Kenvue with 96% support. Merger will combine Huggies and Kotex with Aveeno and Band-Aid brands. Evercore ISI lowers KMB price target amid US diaper market competition and end of Costco exclusivity. Walmart introduces new China-imported diaper brand.

Evercore predicts increased pressure on diaper profit pool to impact Kimberly-Clark more than competitors. KMB is a global leader in personal care and consumer products, focusing on natural and synthetic fibers. While KMB shows potential, consider AI stocks for greater upside. Check out the best short-term AI stock for investment opportunities.

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Read more at Yahoo Finance: Kimberly-Clark Corporation (KMB) Receives Boost on Kenvue Acquisition Push as Evercore ISI Warns of Competition Pressure