Check Out What Whales Are Doing With KVUE
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bearish stance on Kenvue (NYSE:KVUE), with 66% of the spotted trades being bearish. The whale has been targeting a price range from $17.5 to $21.0 for Kenvue over the last 3 months. The price of KVUE is currently down -4.46% at $18.85. Goldman Sachs and JP Morgan have maintained their Buy and Overweight ratings on Kenvue, respectively, with a price target of $26.
October 26, 2023 | 5:46 pm
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A whale investor has taken a bearish stance on Kenvue, with 66% of the spotted trades being bearish. The price of KVUE is currently down -4.46% at $18.85. However, Goldman Sachs and JP Morgan have maintained their positive ratings on Kenvue.
The bearish stance taken by a whale investor, who typically has significant influence on the market, could potentially drive the price of KVUE down in the short term. However, the positive ratings maintained by Goldman Sachs and JP Morgan could provide some support to the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100