Wells Fargo Raises Newell Brands Price Target to $6, Maintains Equal Weight Rating

Wells Fargo raised Newell Brands' (NWL) price target to $6 from $5 and maintained an Equal Weight rating. The firm is aggregating models across Beverage/Food/HPC and updating price targets. Newell has struggled with consistent revenue and earnings growth, but intra-quarter commentary suggests the company is on track with guidance and FX has improved, helping EPS.

Wells Fargo has raised its price target for Newell Brands (NWL) to $6 from $5, while maintaining an Equal Weight rating. The financial institution is updating price targets across various sectors, including Beverage/Food/HPC, and has acknowledged Newell's recent progress. Despite struggles with consistent revenue and earnings growth, Newell has shown improvement in intra-quarter commentary, with the company on track to meet guidance and experiencing positive FX developments. This has positively impacted its earnings per share (EPS).

Newell Brands operates in diverse markets, including home, office, and outdoor, with a portfolio of iconic brands such as Rubbermaid, Sharpie, and Yankee Candle. The company's focus on sustainability and quality aligns with the post-pandemic consumer shift towards durable and high-quality products. This strategic positioning helps mitigate risks associated with tariffs and global logistics bottlenecks.

Analysts remain cautiously optimistic about Newell's prospects. The stock has shown recent gains, rising from $5.72 to $5.86 on July 9, 2025, a 2.45% increase. The upward trend suggests potential for further growth, with estimates predicting a 13.99% rise in the next three months, based on current market conditions.

References:
[1] https://www.tipranks.com/news/the-fly/newell-brands-price-target-raised-to-6-from-5-at-wells-fargo-thefly
[2] https://www.ainvest.com/news/structural-shift-furniture-undervalued-brands-thrive-industry-shakeouts-2507/
[3] https://finance.yahoo.com/quote/NWL/analysis/
[4] https://stockinvest.us/stock/NWL