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Kenvue Stock Surges: Deutsche Bank's New Target!

Wednesday, Jul 16, 2025 12:36 pm ETmin read

Aime Summary

- Kenvue's stock surged 8% after Deutsche Bank upgraded its rating to "buy" and raised its price target to $52.

- The new target reflects optimism about Kenvue's post-spinoff performance from ExxonMobil and its consumer health portfolio.

- Analysts highlight strong demand for household and pharmaceutical products as key drivers for valuation growth.

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