Newell Rubbermaid (NWL) PT Lowered to $16 at Morgan Stanley

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Newell (NWL) price target raised at Jefferies following 4Q results

February 14, 2023 2:14 PM EST

Jefferies reiterated a Buy rating on Newell Brands (NASDAQ: NWL) and raised their price target on the stock to $20.00 (From $19.00) following the consumer goods companys 4Q results. NWL reported 4Q core sales of -9.4% YoY (vs Street -10.6%). The beat was driven by Home... More