Fintel reports that on September 11, 2023, Deutsche Bank upgraded their outlook for Kenvue (NYSE:KVUE) from Hold to Buy.
Analyst Price Forecast Suggests 32.89% Upside
As of August 31, 2023, the average one-year price target for Kenvue is 28.30. The forecasts range from a low of 26.26 to a high of $31.50. The average price target represents an increase of 32.89% from its latest reported closing price of 21.30.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Kenvue is 16,038MM, an increase of 4.01%. The projected annual non-GAAP EPS is 1.29.
What are Other Shareholders Doing?
Price T Rowe Associates holds 26,318K shares representing 1.37% ownership of the company.
Massachusetts Financial Services holds 18,642K shares representing 0.97% ownership of the company.
Wellington Management Group Llp holds 10,603K shares representing 0.55% ownership of the company.
Jane Street Group holds 10,291K shares representing 0.54% ownership of the company.
Putnam Investments holds 9,243K shares representing 0.48% ownership of the company.
This article originally appeared on Fintel
The #1 Thing to Do Before You Claim Social Security (Sponsor)
Choosing the right (or wrong) time to claim Social Security can dramatically change your retirement. So, before making one of the biggest decisions of your financial life, it’s a smart idea to get an extra set of eyes on your complete financial situation.
A financial advisor can help you decide the right Social Security option for you and your family. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.
Click here to match with up to 3 financial pros who would be excited to help you optimize your Social Security outcomes.
Have questions about retirement or personal finance? Email us at [email protected]!
By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.
By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
