Barclays Maintains Overweight on Fortune Brands, Raises Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Matthew Bouley has maintained an Overweight rating on Fortune Brands (NYSE:FBIN) and increased the price target from $87 to $95.
January 31, 2024 | 10:35 am
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Barclays analyst Matthew Bouley maintains an Overweight rating on Fortune Brands and raises the price target from $87 to $95.
The increase in price target by Barclays reflects a positive outlook on Fortune Brands, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100