RBC Capital Reiterates Outperform on Kenvue, Maintains $24 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Nik Modi reiterates an Outperform rating on Kenvue (NYSE:KVUE) and maintains a $24 price target.

February 13, 2024 | 3:31 pm
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POSITIVE IMPACT
RBC Capital maintains an Outperform rating and a $24 price target on Kenvue.
The reaffirmation of an Outperform rating and a $24 price target by a reputable analyst like Nik Modi from RBC Capital is likely to instill confidence among investors and could positively influence Kenvue's stock price in the short term. Analyst ratings, especially from well-regarded financial institutions, can significantly impact investor sentiment and stock prices.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100