As this happened, Piper Sandler upgraded its Kenvue Inc [KVUE] rating to an Overweight from a a Neutral in a research note published on January 06, 2025; the price target was increased to $26 from $21. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who decreased its forecast for the stock in mid December from “a Buy” to “a Hold”. Jefferies began covering KVUE with “Buy” recommendation on September 24, 2024. RBC Capital Mkts revised its rating on September 24, 2024. It rated KVUE as “a Sector perform” which previously was an “an Outperform”.
Price Performance Review of KVUE
On Tuesday, Kenvue Inc [NYSE:KVUE] saw its stock jump 0.30% to $23.37. Over the last five days, the stock has gained 6.23%. Kenvue Inc shares have risen nearly 9.46% since the year began. Nevertheless, the stocks have risen 21.78% over the past one year. While a 52-week high of $24.46 was reached on 02/25/25, a 52-week low of $17.67 was recorded on 02/06/25. SMA at 50 days reached $21.44, while 200 days put it at $21.18.
Levels Of Support And Resistance For KVUE Stock
The 24-hour chart illustrates a support level at 23.16, which if violated will result in even more drops to 22.96. On the upside, there is a resistance level at 23.64. A further resistance level may holdings at 23.91. The Relative Strength Index (RSI) on the 14-day chart is 72.69, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.67, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 8.35%. Stochastics %K at 94.06% indicates the stock is a selling.
