Newell Brands shares are trading higher after Canaccord Genuity initiated coverage on the stock with a Buy rating and $13 price target.
Portfolio Pulse from Benzinga Newsdesk
Newell Brands' shares are trading higher following Canaccord Genuity's initiation of coverage on the stock with a Buy rating and a price target of $13.
July 11, 2023 | 3:56 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Newell Brands' stock is trading higher after Canaccord Genuity initiated coverage with a Buy rating and a $13 price target.
The initiation of coverage by Canaccord Genuity with a Buy rating and a price target of $13 has led to an increase in the trading price of Newell Brands' shares. This positive sentiment from a reputable financial institution can attract more investors, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100