Kenvue's Fair Value Estimate Trimmed Amid Legal Risks and Market Uncertainty

Kenvue's fair value estimate has been trimmed to $19.33 per share due to legal risks and sales expectations shifts. Analysts have expressed mixed opinions, with some seeing potential growth despite near-term headwinds and others citing litigation risks and consumer behavior concerns. Barclays raised its price target to $18, while Jefferies maintains a Buy rating and a $23 price target. Citi remains cautious with a Neutral rating and $17 price target.