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Kenvue price target raised to $18 from $17 at Canaccord

Canaccord raised the firm’s price target on Kenvue (KVUE) to $18 from $17 and keeps a Hold rating on the shares. The firm said they reported a beat on the top and bottom line and saw all three business segments with year-over-year growth for the first time since 2Q23 due to some help from FX tailwinds.

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