Stocks That Hit 52-Week Lows On Friday
During Friday's session, 574 stocks hit new 52-week lows.
Overview Of Value Stocks In The Consumer Defensive Sector
Understanding Value Stocks
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.
Jefferies Maintains Buy on Newell Brands, Lowers Price Target to $28
Jefferies analyst Kevin Grundy maintains Newell Brands (NASDAQ:NWL) with a Buy and lowers the price target from $34 to $28.
Barclays Maintains Equal-Weight Rating for Newell Brands: Here’s What You Need To Know
Barclays has decided to maintain its Equal-Weight rating of Newell Brands (NASDAQ:NWL) and lower its price target from $19.00 to $18.00.
Shares of Newell Brands are trading up 0.52% over the last 24 hours, at $18.25 per share.
A move to $18.00 would account for a 1.4% decline from the current share price.
Barclays Maintains Equal-Weight on Newell Brands, Lowers Price Target to $18
Barclays analyst Lauren Lieberman maintains Newell Brands (NASDAQ:NWL) with a Equal-Weight and lowers the price target from $19 to $18.
Where Newell Brands Stands With Analysts
Newell Brands (NASDAQ:NWL) has observed the following analyst ratings within the last quarter:
Starbucks To $94? Here Are 5 Other Price Target Changes For Wednesday
Citigroup raised the price target on Starbucks Corporation (NASDAQ: SBUX) from $90 to $94. Citigroup analyst Jon Tower maintained a Neutral rating on the stock. Starbucks shares fell 0.1% to $84.50 in pre-market trading.
Deutsche Bank Maintains Hold on Newell Brands, Lowers Price Target to $17
Deutsche Bank analyst Steve Powers maintains Newell Brands (NASDAQ:NWL) with a Hold and lowers the price target from $21 to $17.
Nasdaq Futures Edge Higher Ahead Of Fed Speakers
Pre-open movers
U.S. stock futures traded slightly higher in early pre-market trade after closing lower on Tuesday. The Dow Jones dropped around 173 points, while the Nasdaq Composite declined around 86 points in the previous session. Data released Tuesday showed the ISM services index climbed to 56.9 in August from previous reading of 56.7.
