RBC Capital Maintains Outperform on Kenvue, Lowers Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Nik Modi has maintained an Outperform rating on Kenvue (NYSE:KVUE) but has lowered the price target from $25 to $24.

February 09, 2024 | 4:19 pm
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RBC Capital has maintained an Outperform rating on Kenvue but lowered the price target from $25 to $24.
The adjustment in price target by RBC Capital, while maintaining an Outperform rating, suggests a positive outlook on Kenvue's performance but with a slightly moderated expectation. This could lead to a neutral short-term impact on KVUE's stock price as the market digests the revised target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100