UBS Maintains Neutral on Kenvue, Raises Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Peter Grom has maintained a Neutral rating on Kenvue (NYSE:KVUE) and increased the price target from $20 to $23.
December 19, 2023 | 1:13 pm
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UBS has maintained a Neutral rating on Kenvue and raised the price target from $20 to $23, indicating a positive outlook on the stock's value.
The increase in price target by UBS suggests a more optimistic valuation of Kenvue's stock, which could lead to increased investor interest and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100