Analysis of Citi's Decision to Resume Kenvue Coverage with Neutral Rating and $21 Stock Price Target
Tuesday, 28 May 2024, 12:23
Analysis of Citi's Decision to Resume Kenvue Coverage
Citi has chosen to resume coverage of Kenvue with a neutral rating and a $21 stock price target. This move indicates the company's renewed interest in assessing Kenvue's market position and potential.
Key Points:
- Citi has assigned a neutral rating to Kenvue.
- The $21 stock price target suggests a moderate outlook for the stock.
Investors are encouraged to carefully monitor Kenvue's performance vis-a-vis these metrics to gain valuable insights into the stock's trajectory.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.