Citigroup Reinstates Neutral on Kenvue, Announces $21 Price Target
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Filippo Falorni has reinstated a Neutral rating on Kenvue (NYSE:KVUE) and announced a $21 price target.
May 28, 2024 | 11:15 am
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Citigroup analyst Filippo Falorni has reinstated a Neutral rating on Kenvue with a $21 price target. This suggests that Citigroup does not expect significant short-term movement in Kenvue's stock price.
The Neutral rating indicates that Citigroup does not foresee significant upside or downside in Kenvue's stock price in the short term. The $21 price target provides a specific valuation benchmark for investors.
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IMPORTANCE 70
RELEVANCE 100