Technical Analysis
Recent price action shows KVUE trading in a consolidation pattern between $18.47-$18.94. The stock has formed a series of higher lows, suggesting building momentum.
News Sentiment & Event Impact
Price Projection (Next Trading Week) Based on technical indicators and news catalysts:
Target Ranges:
Trading Recommendation BUY with entry at current levels ($18.79-18.80)
Rationale:
The price of KVUE is predicted to go up -20.41%, based on the high correlation periods with BLZE. The similarity of these two price pattern on the periods is 94.26%.
KVUE
BLZE
With autonomy from its former parent, Kenvue can allocate resources to best fit its needs and grow the business.
Macro drivers like an aging population and premiumization of health care will act as tailwinds for all of Kenvue's brands.
Kenvue's continued focus on digital advertising and marketing will keep the company well-positioned to fend off any new competitors in e-commerce.
Piper Sandler
2025-02-24
Price Target
$24 → $27
Upside
+15.88%
Barclays
2025-01-17
Price Target
$23 → $21
Downside
-0.47%
Citigroup
2025-01-15
Price Target
$25 → $21
Upside
+0.72%