Jefferies Maintains Buy on Fortune Brands, Raises Price Target to $111
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Philip Ng maintains a Buy rating on Fortune Brands (NYSE:FBIN) and raises the price target from $100 to $111.
October 09, 2024 | 9:04 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Jefferies analyst Philip Ng has reiterated a Buy rating for Fortune Brands and increased the price target from $100 to $111, indicating a positive outlook.
The increase in the price target from $100 to $111 by Jefferies suggests a positive outlook for Fortune Brands. This is likely to boost investor confidence and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100