RBC Capital analyst Mike Dahl lowered the firm’s price target on Fortune Brands Innovations (FBIN) to $70 from $75 and keeps a Sector Perform rating on the shares after its Q4 earnings miss. Demand softness and higher costs carry over into the first half while the guide relies on a strong second-half margin lift that looks challenging particularly against a backdrop of potential tariffs and cost inflation, the analyst tells investors in a research note.
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