Newell Brands Inc. (NWL) is among the 12 Best American Penny Stocks to Buy Right Now. RBC Capital and Canaccord Genuity both lowered their price targets on NWL after the company’s challenging Q3 results. Sales were 4% below market expectations, gross profit was 5% lower, and adjusted EBITDA was 6% below consensus estimates. Despite the challenges, Canaccord Genuity sees “asymmetric upside” in NWL shares. The company owns popular brands like Rubbermaid, Sharpie, and Coleman. While NWL has potential, some believe AI stocks offer greater upside. Check out more stock recommendations on Insider Monkey.

Read more at Yahoo Finance: Analysts Lower Price Targets on Newell Brands (NWL) After Q3 Results