Goldman Sachs Maintains Buy on Fortune Brands, Lowers Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Susan Maklari maintains a 'Buy' rating on Fortune Brands (NYSE:FBIN) but has lowered the price target from $77 to $68.

October 26, 2023 | 1:44 pm
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Goldman Sachs maintains a 'Buy' rating on Fortune Brands but lowers the price target from $77 to $68, which may cause short-term uncertainty.
While the 'Buy' rating is maintained, the lowering of the price target may cause some investors to reassess their positions, potentially leading to short-term price volatility. However, the overall positive rating suggests that the long-term outlook remains strong.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100