Canaccord Genuity Initiates Coverage On Kenvue with Buy Rating, Announces Price Target of $28
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Susan Anderson has initiated coverage on Kenvue (NYSE:KVUE) with a Buy rating and a price target of $28.
September 07, 2023 | 10:08 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Canaccord Genuity has initiated coverage on Kenvue with a Buy rating and a price target of $28, which could positively impact the stock's performance.
Analyst ratings and price targets can significantly influence a stock's performance. A Buy rating from a reputable firm like Canaccord Genuity indicates a positive outlook for the stock. The price target of $28 also suggests potential upside, which could attract investors and drive the stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100