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Newell Rubbermaid (NWL) PT Lowered to $45 at Oppenheimer

September 8, 2017 9:43 AM EDT

Oppenheimer lowered its price target on Newell Rubbermaid (NYSE: NWL) to $45.00 (from $50.00) while maintaining a Perform rating following a presentation. Analyst Rupesh Parikh trimmed outer year forecasts to reflect latest thinking, which includes the adverse impacts related to resin and the potential for additional... More