RBC Capital analyst Mike Dahl lowered the firm’s price target on Fortune Brands Innovations (FBIN) to $63 from $65 and keeps an Outperform rating on the shares. The company delivered a mixed Q3 and a weaker Q4 guide, though the buy-side already expected this and sentiment was negative into the print, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FBIN:
- Fortune Brands Innovations price target lowered to $79 from $83 at UBS
- Fortune Brands Innovations price target lowered to $65 from $68 at Barclays
- Fortune Brands Innovations Reports Q3 2025 Earnings
- Fortune Brands Innovations reports Q3 adjusted EPS $1.09, consensus $1.10
- Fortune Brands lowers FY25 adjusted EPS view to $3.70-$3.80 from $3.75-$3.95