Newell Brands price target lowered to $7.75 from $10.50 at Citi

Citi lowered the firm’s price target on Newell Brands (NWL) to $7.75 from $10.50 and keeps a Neutral rating on the shares. The company reported a Q4 core sales miss and introduced preliminary 2025 guidance not including the impact of China tariffs, which drove a 26% selloff in the shares, the analyst tells investors in a research note. The firm expects questions about the achievability of the sales guidance to persist, saying Newell’s categories have remained soft with limited evidence that trends will improve.