Deutsche Bank analyst Steve Powers lowered the firm’s price target on Newell Brands to $13 from $14 and keeps a Hold rating on the shares following the Q1 results.
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Read More on NWL:
- Newell Brands backs FY23 normalized EPS view 95c-$1.08, consensus $1.03
- Newell Brands sees Q2 normalized EPS 10c-18c, consensus 38c
- Newell Brands reports Q1 normalized EPS (6c), consensus (3c)
- Newell Brands credit rating cut to junk by S&P Global
- Newell Brands price target lowered to $14 from $16 at Deutsche Bank