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Fortune Brands Innovations price target lowered to $79 from $91 at Barclays

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.”

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