Truist lowered the firm’s price target on Newell Brands (NWL) to $8 from $17 and keeps a Buy rating on the shares ahead of quarterly results. The firm cites recent market dynamics and multiple contraction across industry groups.
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Read More on NWL:
- Newell Brands price target lowered to $12 from $14 at Canaccord
- Newell Brands price target lowered to $5.50 from $8 at UBS
- China Shrugs Off US 245% Tariff Threats, Says No Interest in “Numbers Game”
- Newell Brands price target lowered to $6 from $7 at Wells Fargo
- Newell Brands price target lowered to $4.75 from $7.75 at Citi
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