Loop Capital raised the firm’s price target on Fortune Brands Innovations (FBIN) to $61 from $53 and keeps a Hold rating on the shares. The company delivered a mostly solid quarter, beating on EPS while sales were in line, the analyst tells investors in a research note. Fortune Brands’s water margins were impressive, Outdoor results were weak, and Security was in line, the firm added.
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Read More on FBIN:
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