Canaccord downgrades Tylenol maker Kenvue as legal risks cloud turnaround
NegativeFinancial Markets
Canaccord has downgraded Kenvue, the maker of Tylenol, citing increasing legal risks that could hinder the company's turnaround efforts. This decision reflects concerns about potential liabilities that may impact Kenvue's financial performance and market position. Investors and stakeholders should pay attention to these developments as they could influence the company's future strategies and stock performance.
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