UPDATE: Citigroup Raises PT on Newell Rubbermaid on Multiple Positive Factors

In a report published Monday, Citigroup analyst Wendy Nicholson reiterated a Buy rating on Newell Rubbermaid (NYSE: NWL ), and raised the price target from $30.00 to $31.00. In the report, Citigroup noted, “As is usually the case, there are a number of factors that will determine at which point