Goldman Sachs Maintains Buy on Fortune Brands, Raises Price Target to $98
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Susan Maklari has maintained a Buy rating on Fortune Brands (NYSE:FBIN) and raised the price target from $86 to $98.

October 08, 2024 | 2:12 pm
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POSITIVE IMPACT
Goldman Sachs has reaffirmed its Buy rating on Fortune Brands and increased the price target from $86 to $98, indicating a positive outlook.
The increase in price target from $86 to $98 by a reputable firm like Goldman Sachs suggests confidence in Fortune Brands' future performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100