Newell Brands Declares Dividend on Common Stock

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Newell Rubbermaid (NWL) PT Lowered to $33 at Oppenheimer; Remains Sidelined

November 9, 2017 10:18 AM EST

Oppenheimer lowered its price target on Newell Rubbermaid (NYSE: NWL) to $33.00 (from $36.00) while maintaining a Perform rating.

Analyst Rupesh Parikh now assumes flattish organic sales growth vs. 0-2% previously. Oppenheimer also expects gross margin pressures related to fixed cost absorption and additional... More