Canaccord Genuity Maintains Buy on Newell Brands, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Brian McNamara maintains a 'Buy' rating on Newell Brands (NASDAQ:NWL) and raises the price target from $13 to $16.
July 31, 2023 | 4:54 pm
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Canaccord Genuity maintains a 'Buy' rating on Newell Brands and raises the price target from $13 to $16. This could potentially lead to an increase in the stock's price.
The raised price target by Canaccord Genuity indicates a positive outlook for Newell Brands. This could potentially attract more investors, leading to an increase in demand for the stock and subsequently, a rise in its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100