Evercore ISI Group Maintains In-Line on Fortune Brands, Lowers Price Target to $78
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Stephen Kim maintains an In-Line rating on Fortune Brands (NYSE:FBIN) and lowers the price target from $79 to $78.

May 01, 2024 | 2:59 pm
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Evercore ISI Group maintains an In-Line rating on Fortune Brands and lowers the price target from $79 to $78.
The adjustment in price target by Evercore ISI Group, while maintaining an In-Line rating, suggests a neutral outlook on the stock's short-term performance. The slight decrease in the price target may reflect minor adjustments in valuation assumptions but does not indicate a significant change in the company's fundamentals or market position. Therefore, the impact on the stock price is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100