Barclays Maintains Overweight on Fortune Brands, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Matthew Bouley has maintained an Overweight rating on Fortune Brands (NYSE:FBIN) and raised the price target from $86 to $100.
October 09, 2024 | 2:47 pm
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Barclays has maintained an Overweight rating on Fortune Brands and increased the price target from $86 to $100, indicating a positive outlook.
The increase in the price target from $86 to $100 by Barclays suggests a positive outlook for Fortune Brands, likely leading to a short-term increase in stock price as investors react to the analyst's confidence.
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IMPORTANCE 80
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