JPMorgan lowered the firm’s price target on Newell Brands (NWL) to $7 from $8 and keeps an Overweight rating on the shares. The firm updated the company’s model post the Q2 report. The firm says Newell could not price the temporary tariff increase and therefore had to absorb the impact. It cut estimates to reflect the company’s new outlook.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NWL:
- Buy Recommendation for Newell Brands: Resilience and Strategic Positioning Amid Market Challenges
- Newell Brands Reports Q2 2025 Earnings and Updates Outlook
- Newell Brands Earnings Call: Mixed Sentiments and Strategic Wins
- Morning Movers: Amazon and Apple moving in opposite directions after earnings
- Newell Brands cuts FY25 normalized EPS view to 66c-70c from 70c-76c