On May 9, 2025, Citigroup analyst Filippo Falorni announced an update on Kenvue (KVUE, Financial), maintaining a "Neutral" rating on the stock. This decision comes as Citigroup adjusts its price target for KVUE, raising it from the previous $22.00 USD to a new target of $24.50 USD.
The change in the price target represents an 11.36% increase, indicating revised expectations for Kenvue's market performance. Despite the increase in the price target, the "Neutral" rating suggests that Citigroup sees a balanced risk-reward scenario for KVUE at current valuation levels.
Investors and market participants may take interest in these changes as they reflect updated insights based on the latest analysis from Citigroup.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 15 analysts, the average target price for Kenvue Inc (KVUE, Financial) is $24.84 with a high estimate of $29.00 and a low estimate of $22.00. The average target implies an upside of 1.60% from the current price of $24.45. More detailed estimate data can be found on the Kenvue Inc (KVUE) Forecast page.
Based on the consensus recommendation from 19 brokerage firms, Kenvue Inc's (KVUE, Financial) average brokerage recommendation is currently 2.6, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
