Analyst Expectations for Kenvue's Future
Portfolio Pulse from Benzinga Insights
Kenvue (NYSE:KVUE) has received mostly bullish analyst ratings in the last quarter, with 4 bullish, 1 somewhat bullish, and 1 indifferent rating. The average 12-month price target among 6 analysts is $26.00, with a high of $29.00 and a low of $20.00. This target has decreased by 10.34% from the previous target of $29.00. Analysts' ratings are based on information from company calls, financial statements, and insider conversations.
November 17, 2023 | 12:00 pm
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Kenvue has received a majority of bullish ratings from analysts and has a current average price target of $26.00, which is a 10.34% decrease from the previous target.
The predominance of bullish ratings suggests a positive sentiment among analysts, which could lead to investor optimism and a potential increase in KVUE's stock price in the short term. However, the decrease in the average price target may temper expectations slightly.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 100