Barclays lowered the firm’s price target on Fortune Brands Innovations to $66 from $74 and keeps an Overweight rating on the shares post the earnings report. The firm says the company unveiled a realistic 2024 framework “that should bring consensus back to Earth.”
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Read More on FBIN:
- Fortune Brands Innovations raises FY23 EPS view $3.80-$3.90 from $3.75-$3.90
- Fortune Brands Innovations reports Q3 EPS $1.19, consensus $1.10
- Latham Group appoints Gloe as CFO
- Fortune Brands Innovations price target lowered to $75 from $90 at Truist
- Fortune Brands Innovations price target lowered to $71 from $78 at Evercore ISI
