RBC Capital Reiterates Outperform on Kenvue, Maintains $24 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Nik Modi has reiterated an Outperform rating on Kenvue (NYSE:KVUE) and maintained a $24 price target.
August 07, 2024 | 5:16 pm
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RBC Capital has reiterated an Outperform rating on Kenvue (NYSE:KVUE) and maintained a $24 price target.
The reiteration of an Outperform rating and the maintenance of a $24 price target by RBC Capital is a positive signal for investors. It suggests confidence in Kenvue's future performance, which could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100