Deutsche Bank Maintains Buy on Kenvue, Lowers Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Steve Powers maintains a Buy rating on Kenvue (NYSE:KVUE) but lowers the price target from $24 to $23.

July 25, 2024 | 4:11 pm
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NEUTRAL IMPACT
Deutsche Bank analyst Steve Powers maintains a Buy rating on Kenvue but lowers the price target from $24 to $23.
The maintained Buy rating suggests continued confidence in Kenvue's performance, 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