B of A Securities Maintains Buy on Kenvue, Raises Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Buy rating on Kenvue and raised its price target from $24 to $27, indicating a positive outlook for the company's stock.
October 22, 2024 | 5:53 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
B of A Securities has maintained a Buy rating on Kenvue and increased the price target from $24 to $27, suggesting confidence in the company's future performance.
The increase in price target from $24 to $27 by B of A Securities reflects a positive sentiment towards Kenvue's future performance. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100