Canaccord raised the firm’s price target on Newell Brands (NWL) to $15 from $13 and keeps a Buy rating on the shares. The firm believes the tide is turning, making NWL not only investable again, but poised for significant outperformance if just a little goes right, as expectations remain low and doubters aplenty.
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Read More on NWL:
- Target reports downbeat Q3, Comcast plans cable TV spinoff: Morning Buzz
- Target downgraded, Chewy upgraded: Wall Street’s top analyst calls
- Newell Brands upgraded to Overweight from Equal Weight at Barclays
- Newell Brands price target raised to $9 from $8 at Wells Fargo
- Newell Brands price target raised to $13 from $12 at Canaccord
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
