Deutsche Bank raised the firm’s price target on H.B. Fuller to $92 from $85 and keeps a Buy rating on the shares after meeting with management. The analyst has confidence that H.B. Fuller will continue to see above-market volume growth and mix improvement. The firm believes the company will progress towards its 20% EBITDA margin target over the next 3-5 years.
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- H.B. Fuller price target raised to $85 from $84 at Deutsche Bank
- H.B. Fuller price target raised to $115 from $110 at Stifel
- H.B. Fuller sees FY24 adjusted EPS $4.15-$4.45, consensus $4.22
