Reported 3 days ago
Kenvue Inc. (NYSE:KVUE) is increasingly recognized as one of the best high volume stocks by Wall Street analysts. Despite a recent price target cut by JPMorgan from $24 to $21 while maintaining an Overweight rating, analysts express concerns about weak consumer demand affecting large-cap companies in the sector. Citi echoed this sentiment with a downgrade to $17 from $20 and a Neutral rating due to challenging market conditions. While KVUE has potential, some analysts suggest AI stocks might offer better investment opportunities.
Source: YAHOO