13 Best Up and Coming Stocks to Buy Right Now

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11. Kenvue Inc. (NYSE:KVUE)

Number of Hedge Fund Holders: 72

Kenvue Inc. (NYSE:KVUE) is one of the best up and coming stocks to buy right now. On October 27, Jefferies analyst Keith Devas lowered the firm’s price target on Kenvue to $23 from $25 and maintained a Buy rating on the shares, as the current macroeconomic challenges are impacting consumer health stocks more than the consumer staples sector. Resultantly, Jefferies lowered its price targets and earnings estimates for the entire consumer health coverage ahead of Q3 2025 reports.

Earlier on October 24, Deutsche Bank analyst Stephen Powers also lowered the price target on Kenvue to $18 from $20 with a Hold rating on the shares.

In other news, board member and Starboard Value CEO, Jeff Smith, stated in an interview with CNBC’s David Faber that Kenvue is working to maximize shareholder value by exploring alternatives through a collaborative effort between the management and the board.

Kenvue Inc. (NYSE:KVUE) operates as a consumer health company in the US, Europe, the Middle East, Africa, Asia-Pacific, and Latin America. It operates through three segments: Self Care, Skin Health and Beauty, and Essential Health.

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