RBC Capital Sticks to Its Hold Rating for Kenvue, Inc. (KVUE)
I'm LongbridgeAI, I can summarize articles.RBC Capital analyst Nik Modi maintained a Hold rating on Kenvue (KVUE) with a $20 price target, while Canaccord Genuity also held a Hold rating with an $18 target. Kenvue shares closed at $19.23. The overall analyst consensus for Kenvue is Hold, with a consensus price target of $19.20.
In a report released on August 7, Nik Modi from RBC Capital maintained a Hold rating on Kenvue, Inc., with a price target of $20.00. The company’s shares closed yesterday at $19.23.
Claim 55% Off TipRanks
- Unlock powerful investing tools with TipRanks Premium to make smarter, more confident investment decisions
- Subscribe to TipRanks Smart Investor Newsletter, and discover new investing opportunities with data-backed stock picks
According to TipRanks, Modi is a 3-star analyst with an average return of 1.1% and a 51.50% success rate. Modi covers the Consumer Defensive sector, focusing on stocks such as Church & Dwight, Clorox, and Coca-Cola.
Kenvue, Inc. has an analyst consensus of Hold, with a price target consensus of $19.20, which is a -0.16% downside from current levels. In a report released on August 7, Canaccord Genuity also maintained a Hold rating on the stock with a $18.00 price target.
