Barclays analyst Matthew Bouley lowered the firm’s price target on Fortune Brands Innovations (FBIN) to $79 from $91 and keeps an Overweight rating on the shares. The firm expects the shares to decline today on the “noisy print and weak” first half of 2025 guidance, but thinks Fortune “is in the teeth of peak headwinds.”
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FBIN:
- Fortune Brands Innovations, Inc. Reports Strong 2024 Earnings
- Closing Bell Movers: Amazon slips 4% on soft Q1 outlook, capex plans
- Fortune Brands Innovations announces $1B share repurchase program
- Fortune Brands Innovations sees FY25 $4.15-$4.45, consensus $4.50
- Fortune Brands Innovations reports Q4 EPS 98c, consensus $1.05