Newell Brands Inc. (NASDAQ:NWL) is one of the cheap penny stocks to invest in. On December 17, Citi raised the firm’s price target on Newell Brands to $3.75 from$3.50 while keeping a Neutral rating on the shares. Citi is recalibrating its focus for 2026, moving away from the bullish stance it held on non-alcoholic beverages in 2025. The firm now favors household and personal care stocks, citing a stronger fundamental outlook. This optimism is driven by the end of inventory destocking cycles and more favor ...