Newell Brands Inc (NASDAQ: NWL) stock enjoyed a major increase of 10.3% on 11/14/23. The shares closed at $7.36. The stock has been extremely weak relative to the market over the last nine months but has risen 4.5% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, NWL is expected to continue to be a Value Builder.
Newell Brands has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Newell Brands has a slightly positive Appreciation Score of 70 but a very low Power Rating of 10, with the Negative Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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