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Kenvue Inc. (NYSE:KVUE) Receives $28.33 Consensus Price Target from Analysts

Kenvue Inc. (NYSE:KVUE – Get Free Report) has been given an average recommendation of “Hold” by the nine ratings firms that are presently covering the company, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price […] ....

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J&J spinoff Kenvue CEO says large companies lose focus

Kenvue, spun off from Johnson & Johnson in May, generated $15 billion in sales last year, enough to put it at rank 275 on 2022's Fortune 500. ....

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J&J starts share exchange offer for consumer health spin-off Kenvue

J&J, which currently owns an 89.6% stake in Kenvue, said it intends to split off at least 80.1% of the consumer health company's shares as part of the offering. The offering will help J&J move a step closer in its plan to spin off the unit and focus on its larger medical devices and pharmaceuticals businesses. The exchange will allow J&J shareholders to exchange their shares for those of Kenvue at a 7% discount, subject to conditions. ....

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J&J Starts Share Exchange Offer For Consumer Health Spin-Off Kenvue

Johnson & Johnson has launched an exchange offer under which its stockholders can opt for shares of Kenvue, its consumer health unit. ....

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Kenvue (NYSE:KVUE) Issues Quarterly Earnings Results

Kenvue (NYSE:KVUE – Get Free Report) posted its quarterly earnings data on Thursday. The company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.02, Briefing.com reports. The firm had revenue of $4.01 billion for the quarter, compared to the consensus estimate of $3.96 billion. The company’s revenue for […] ....

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