Morgan Stanley Maintains Equal-Weight on Newell Brands, Lowers Price Target to $8.5
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Dara Mohsenian has maintained an Equal-Weight rating on Newell Brands (NASDAQ:NWL) and lowered the price target from $11 to $8.5.
October 31, 2023 | 12:37 pm
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Morgan Stanley has maintained an Equal-Weight rating on Newell Brands and lowered the price target from $11 to $8.5.
The lowering of the price target by Morgan Stanley indicates a less optimistic outlook for Newell Brands, which could negatively impact the stock price in the short term.
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