Wells Fargo Maintains Equal-Weight on Newell Brands, Raises Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Chris Carey maintains an Equal-Weight rating on Newell Brands (NASDAQ:NWL) and raises the price target from $6 to $9.
July 29, 2024 | 12:59 pm
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Wells Fargo analyst Chris Carey maintains an Equal-Weight rating on Newell Brands and raises the price target from $6 to $9.
The raised price target from $6 to $9 by a reputable analyst at Wells Fargo is a positive signal for investors, indicating potential upside. However, the Equal-Weight rating suggests a balanced view, implying that the stock is expected to perform in line with the market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100