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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
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 raised to $60 from $54 at Baird
- Fortune Brands Innovations price target raised to $83 from $82 at UBS
- Fortune Brands Innovations price target raised to $68 from $67 at Barclays
- Fortune Brands upgraded to Outperform from Sector Perform at RBC Capital
- Fortune Brands Reports Q2 2025 Earnings and Updates Guidance