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Fly News Breaks for August 1, 2016
NWL
Aug 1, 2016 | 09:39 EDT
Morgan Stanley analyst Dara Mohsenian said Newell Brands' valuation does not reflect growth opportunities post the Jarden deal. The analyst believes Newall's market share gains are sustainable and sees substantial earnings upside for the combined entity. Mohsenian reiterates Newall as an Overweight and Top Pick with plenty of room for multiple expansion.
News For NWL From the Last 2 Days
NWL
Apr 30, 2024 | 05:12 EDT
NWL
Apr 29, 2024 | 06:54 EDT
NWL
Apr 29, 2024 | 06:21 EDT
Wells Fargo raised the firm's price target on Newell Brands to $8 from $7 and keeps an Equal Weight rating on the shares. It's been a tough two years for Newell, and though Q1 stayed challenged, with strong margin expansion and core sales declines the lowest since Q2 2022, the stock saw a bit of life, the firm says.
NWL
Apr 29, 2024 | 05:44 EDT
Citi raised the firm's price target on Newell Brands to $8 from $7.50 and keeps a Neutral rating on the shares. The company's Q1 results were better than expected and it is making progress on the initiatives underlined in its new corporate strategy, which potentially indicates improvement in business trends, the analyst tells investors in a research note. However, the firm awaits further validation Newell's turnaround remains on-track.
