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Kenvue Inc. (KVUE) PT Lifted to $19 at Barclays After Q4 Update
Barclays has increased its price target for Kenvue Inc. (KVUE) to $19 from $18, maintaining an Equal Weight rating, following updates to its company model after the Q4 report. This news comes as Kenvue faces a legal challenge in Texas, where a judge denied the company’s request to dismiss a lawsuit alleging misrepresentation of Tylenol’s risks for pregnant women and children. The company, known for its consumer health products, is currently navigating both analyst confidence and significant legal scrutiny.