Barclays analyst Lauren Lieberman lowered the firm’s price target on Kenvue (KVUE) to $22 from $23 and keeps an Equal Weight rating on the shares. The firm adjusted price targets in the staples group as a part of a Q2 preview. Investor expectations “feel subdued” into earnings season, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KVUE:
- Kenvue price target lowered to $25 from $27 at BofA
- Strategic Shifts and Leadership Changes Position Kenvue, Inc. for Growth: A Buy Rating Justification
- Kenvue price target lowered to $22 from $24.50 at Citi
- Kenvue, Inc.: Strategic Overhaul and Leadership Transition Signal Growth Potential Amidst Challenges
- Kenvue, Inc. Buy Rating Reiterated Amid CEO Transition and Strategic Review
