Citigroup Reiterates Neutral on Newell Brands, Maintains $9 Price Target
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Filippo Falorni has reiterated a Neutral rating on Newell Brands (NASDAQ:NWL) and maintained a $9 price target.

July 11, 2023 | 2:31 pm
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Citigroup analyst maintains a Neutral rating on Newell Brands, with a $9 price target.
The news directly pertains to Newell Brands as Citigroup analyst Filippo Falorni reiterated a Neutral rating on the company and maintained a $9 price target. This suggests that the analyst sees the stock as fairly valued at its current price, which could influence investor sentiment and trading behavior. However, as this is a reiteration of a previous rating and price target, it may not have a significant impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100