BofA analyst Anna Lizzul is moving to No Rating on Kenvue (KVUE) following the announced acquisition of the company by Kimberly-Clark (KMB). The firm believes the stock is no longer trading on fundamentals.
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Read More on KVUE:
- Kimberly-Clark price target lowered to $125 from $144 at Morgan Stanley
- Kimberly-Clark price target lowered to $110 from $129 at Wells Fargo
- Kimberly-Clark downgraded to In Line from Outperform at Evercore ISI
- Buy Rating on Kenvue, Inc.: Promising Investment Amid Acquisition and Legal Challenges
- Others may be interested in Kenvue if visibility improves, says Jefferies