Oppenheimer Reiterates an 'Outperform' on Newell Rubbermaid (NWL); Smooth Transition of New CFO
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Price: $6.80 -3.41%
Rating Summary:
10 Buy, 14 Hold, 1 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 9
Rating Summary:
10 Buy, 14 Hold, 1 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 9
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Oppenheimer reiterates an 'Outperform' on Newell Rubbermaid (NYSE: NWL) price target of $23.00.
Analyst, Joseph Altobello, said, "We came away incrementally more positive on shares of NWL after our recent conversation with the company's new CFO, Doug Martin. We don't expect NWL to miss a beat with regard to the transition, given Mr. Martin's extensive finance experience at the company, and we believe his familiarity with NWL's cost structure could lead to additional savings opportunities and expedite its Growth Game Plan."
For an analyst ratings summary and ratings history on Newell Rubbermaid click here. For more ratings news on Newell Rubbermaid click here.
Shares of Newell Rubbermaid closed at $18.75 yesterday.
Analyst, Joseph Altobello, said, "We came away incrementally more positive on shares of NWL after our recent conversation with the company's new CFO, Doug Martin. We don't expect NWL to miss a beat with regard to the transition, given Mr. Martin's extensive finance experience at the company, and we believe his familiarity with NWL's cost structure could lead to additional savings opportunities and expedite its Growth Game Plan."
For an analyst ratings summary and ratings history on Newell Rubbermaid click here. For more ratings news on Newell Rubbermaid click here.
Shares of Newell Rubbermaid closed at $18.75 yesterday.
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