JP Morgan Maintains Overweight on Kenvue, Lowers Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Andrea Teixeira maintains an Overweight rating on Kenvue (NYSE:KVUE) but lowers the price target from $23 to $22.
July 22, 2024 | 3:37 pm
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JP Morgan analyst Andrea Teixeira maintains an Overweight rating on Kenvue but lowers the price target from $23 to $22.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100