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Actionable news in NWL: NEWELL RUBBERMAID Inc,

Newell Brands (NWL) Stock Price Target Increased at Jefferies

NEW YORK (TheStreet) -- Shares of Newell Brands (NWL - Get Report) are up by 1.72% to $47.85 on Monday morning, as Jefferies increased its price target to $59 from $53 and reiterated its "buy" rating on the stock.

The firm increased its price target before today's market open after Newell reported positive 2016 first quarter results on April 29.

Newell reported earnings of 40 cents per diluted share, up from 2015 first quarter earnings of 36 cents per diluted share, and above analysts' expectation for earnings of 37 cents per diluted share. The global consumer good company reported 2016 first quarter revenue of $1.31 billion, compared to revenue of $1.26...


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