Deutsche Bank Reiterates Position on Newell Rubbermaid

Deutsche Bank has published a research report on Newell Rubbermaid (NYSE: NWL) reiterating the price target and rating.

In the report, Deutsche Bank wrote, "While macro concerns are overwhelming sentiment and the share price, company is focusing on the factors it can control. Management is embracing its best sales and profit growth opportunities while taking a fresh look at its portfolio and cost structure to reduce overhead and allocate strategic spending to where it sees the most bang for the buck."

Deutsche Bank rated Newell Rubbermaid a Buy with a price target of $21.00. Newell Rubbermaid closed Wednesday at $13.45.