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Fly News Breaks for February 19, 2019
NWL
Feb 19, 2019 | 07:38 EDT
Jefferies analyst Kevin Grundy lowered his price target for Newell Brands to $15 citing the company's "disappointing" Q4 results. "Protracted core sales declines remain very troubling," Grundy tells investors in a post-earnings research note. He believes Newell shares aren't "cheap given" given its issues and keeps a Hold rating on the name.
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