BofA Securities resumes Kenvue stock coverage with no rating

robot
Abstract generation in progress

BofA Securities has resumed coverage of Kenvue Inc (NYSE:KVUE) with no rating, citing the company’s pending acquisition by Kimberly-Clark. Despite reporting fourth-quarter organic sales growth and impressive gross profit margins, Kenvue’s stock is not trading on fundamentals due to the impending acquisition. The consumer health company, valued at $35.27 billion, operates with moderate debt and offers a 4.51% dividend yield.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)