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Fortune Brands Innovations price target raised to $68 from $67 at Barclays

Barclays analyst Matthew Bouley raised the firm’s price target on Fortune Brands Innovations (FBIN) to $68 from $67 and keeps an Overweight rating on the shares. The company reinstated fiscal 2025 earnings guidance with better second half growth reflecting branding, promotions, and new products ramping, the analyst tells investors in a research note.

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