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Newell Brands price target raised to $12 from $9 at Deutsche Bank

Newell Brands price target raised to $12 from $9 at Deutsche Bank

Deutsche Bank raised the firm’s price target on Newell Brands (NWL) to $12 from $9 and keeps a Hold rating on the shares. Looking to 2025, the firm sees continued challenges ahead for most consumer packaged goods companies. The analyst maintains a net-constructive view on household personal care and cosmetics, is becoming more positive on bon-alcoholic beverage names, and taking a more cautious position on food.

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