Kenvue price target lowered to $24 from $26 at BofA
The Fly

Kenvue price target lowered to $24 from $26 at BofA

BofA lowered the firm’s price target on Kenvue to $24 from $26 and keeps a Buy rating on the shares after the company reported Q4 sales that were soft on steeper volume declines. In addition, the 2024 guidance has a wide range and is back-half weighted, the analyst noted.

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