share_log

A Quick Look at Today's Ratings for Newell Brands(NWL.US), With a Forecast Between $9 to $13

Futu News ·  Oct 28 21:00  · Ratings

On Oct 28, major Wall Street analysts update their ratings for $Newell Brands (NWL.US)$, with price targets ranging from $9 to $13.

Wells Fargo analyst Christopher Carey maintains with a hold rating, and maintains the target price at $9.

RBC Capital analyst Nik Modi maintains with a hold rating, and maintains the target price at $9.5.

Truist Financial analyst Bill Chappell maintains with a hold rating.

CCORF analyst Brian McNamara maintains with a buy rating, and adjusts the target price from $12 to $13.

Furthermore, according to the comprehensive report, the opinions of $Newell Brands (NWL.US)$'s main analysts recently are as follows:

  • The high-margin Learning and Development segment of Newell Brands surpassed expectations in both revenue and margins, leading to an operational profit that exceeded forecasts. The potential for estimate revisions to trend upwards, coupled with a low valuation and the likelihood of thematic short positions, were significant factors in the recent stock rally.

Here are the latest investment ratings and price targets for $Newell Brands (NWL.US)$ from 4 analysts:

StockTodayLatestRating_nn_205236_20241028_en

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment