RBC Capital Maintains Sector Perform on Fortune Brands, Lowers Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Mike Dahl has maintained a 'Sector Perform' rating on Fortune Brands (NYSE:FBIN) but lowered the price target from $74 to $63.
October 26, 2023 | 5:19 pm
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RBC Capital has maintained its 'Sector Perform' rating on Fortune Brands but lowered the price target from $74 to $63.
The lowering of the price target by RBC Capital from $74 to $63 indicates a bearish outlook for Fortune Brands. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100