Newell Brands (NWL) Reports In-Line Q4 EPS; Lifts FY EPS Guidance
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Newell (NWL) PT Trimmed to $55 at UBS, Notes Improved Margins
February 7, 2017 9:00 AM ESTUBS analyst Stephen Powers reiterates Buy rating and lowered his price target on Newel Brands (NYSE: NWL) to $55 (from $58), as the company delivered solid 2016 fourth quarter margins, despite missing on 2016 fourth quarter sales expectations.
Powers notes, "Both gross and operating margin were greater than anticipated (37.2%... More
Newell (NWL) PT Drops to $61 at Jefferies
February 7, 2017 7:12 AM ESTJefferies analyst Kevin Grundy reiterates Buy rating, but lowers price target on Newell Brands (NYSE: NWL) to $61.00 (from $63.00), citing mixed 2016 fourth quarter results from the company.
Grundy notes, "Despite in-line EPS, NWL's 4Q was a bit softer than we had hoped with light... More
