tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Newell Brands price target lowered to $9 from $11 at Canaccord

Canaccord analyst Brian McNamara lowered the firm’s price target on Newell Brands (NWL) to $9 from $11 and keeps a Buy rating on the shares. The firm updated its model following its disappointing earnings report and guidance. Canaccord said the market will not care about the stock until the market sees a top-line inflection.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1