JP Morgan Maintains Neutral on Fortune Brands, Raises Price Target to $84
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Michael Rehaut maintains a Neutral rating on Fortune Brands (NYSE:FBIN) and raises the price target from $82 to $84.
July 30, 2024 | 12:55 pm
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NEUTRAL IMPACT
JP Morgan analyst Michael Rehaut maintains a Neutral rating on Fortune Brands and raises the price target from $82 to $84.
The Neutral rating suggests that JP Morgan does not see significant upside or downside potential in the short term. The slight increase in the price target from $82 to $84 indicates a modestly positive outlook, but not enough to change the overall rating. This is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100