Barclays has revised its price target for Kenvue (KVUE, Financial), reducing it to $22 from the previous $23. Despite this change, the firm maintains an Equal Weight rating on KVUE shares in anticipation of the upcoming first-quarter earnings report for the consumer staples sector.
The bank highlights that consumer fragility was evident well before the so-called "Liberation Day," suggesting skepticism that the 90-day interval described as a "period of limbo" will revitalize these market segments. Although the challenges related to tariff costs seem to have eased, Barclays points to ongoing uncertainty impacting the consumer staples industry.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 14 analysts, the average target price for Kenvue Inc (KVUE, Financial) is $24.22 with a high estimate of $29.00 and a low estimate of $21.00. The average target implies an upside of 10.74% from the current price of $21.87. 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.
