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Stock impact report

Jefferies and Deutsche Bank Lower Price Targets on Kenvue (KVUE) [Yahoo! Finance]

Kenvue Inc. (KVUE) 
Company Research Source: Yahoo! Finance
Jefferies noted that retail trends are showing signs of weakness. The research firm highlighted a 1.5% drop, which represents a 100 basis point reduction quarter-over-quarter. The company is also facing legal challenges in the United Kingdom related to allegations that its talc products cause cancer. Deutsche Bank and Jefferies Lower Price Targets on Kenvue (KVUE) According to Jefferies, the lower price target accounts for “lower visibility into turnaround timing, given liability risk.” Despite this, the research firm believes Kenvue Inc.'s (NYSE:KVUE) guidance for 2025 will remain intact. The firm also suggested that updates related to a new permanent CEO and the company's strategic review could prove to be more important to investors right now. Jefferies expects to see these announcements soon. Previously, on October 24, Deutsche Bank had also reduced its price target on Kenvue Inc. (NYSE:KVUE) from $20 to $18 and maintained a Hold rating. Kenvue Inc. (NYSE:KVUE) is a globa Show less Read more
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