JP Morgan Maintains Neutral on Newell Brands, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Andrea Teixeira maintains a Neutral rating on Newell Brands (NASDAQ:NWL) but lowers the price target from $8 to $7.
July 22, 2024 | 3:43 pm
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NEGATIVE IMPACT
JP Morgan analyst Andrea Teixeira maintains a Neutral rating on Newell Brands but lowers the price target from $8 to $7.
The lowered price target from $8 to $7 by JP Morgan suggests a less optimistic outlook for Newell Brands, which could negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100