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Kenvue price target raised to $21 from $20 at HSBC

HSBC analyst Jeremy Fialko raised the firm’s price target on Kenvue to $21 from $20 and keeps a Hold rating on the shares. Kenvue’s Q1 organic growth of 1.9% beat consensus but the company has signaled slower growth for Q2, the analyst tells investors in a research note.

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