Citigroup Initiates Coverage On H.B. Fuller with Neutral Rating, Announces Price Target of $78
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Eric Petrie has initiated coverage on H.B. Fuller (NYSE:FUL) with a Neutral rating and a price target of $78.
September 11, 2023 | 9:41 am
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Citigroup has initiated coverage on H.B. Fuller with a Neutral rating and a price target of $78.
The initiation of coverage by Citigroup, a major financial institution, is a significant event for H.B. Fuller. The Neutral rating suggests that Citigroup does not expect the stock to outperform the market in the short term, but the price target of $78 indicates a potential upside from the current price. This could have a neutral to slightly positive impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100