Canaccord Genuity Initiates Coverage On Newell Brands with Buy Rating, Announces Price Target of $13
Portfolio Pulse from richadhand@benzinga.com
Canaccord Genuity analyst Brian McNamara has initiated coverage on Newell Brands (NASDAQ:NWL) with a Buy rating and a price target of $13.
July 11, 2023 | 9:46 am
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Newell Brands has been initiated with a Buy rating by Canaccord Genuity, with a price target of $13.
The initiation of coverage by Canaccord Genuity with a Buy rating indicates a positive outlook for Newell Brands. The price target of $13 suggests potential upside from the current trading price. This could lead to increased investor interest and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100