Vetr Upgrades Kimberly Clark To Hold

The Vetr crowd upgraded their rating for Kimberly Clark Corp KMB on Monday, from 1.5 stars (Sell), issued 22 days ago, to 3 stars (Hold). At the time of the upgrade, crowd confidence in Kimberly Clark was fairly cautious, with 83 percent of Vetr user ratings bearish.

The consumer goods manufacturer's price has plateaued around the $133 mark since late in February following unsubstantiated rumors that Kraft Heinz Co KHC was planning to takeover Kimberly Clark. Despite the lack of proof in the rumor, KMB hit an eight-month high of $136 and has maintained a position within striking distance of the stock's all-time high of $137.50.

Learn how crowdsourced ratings could help you time the market.

Currently, the Vetr crowd's average target price for Kimberly Clark is up at $134.50, which is above the average analyst target price of $130.00. Less than 2 percent of Vetr users are holding KMB in their watch lists.