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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Read More on FBIN:
- Fortune Brands upgraded to Outperform from Sector Perform at RBC Capital
- Fortune Brands Reports Q2 2025 Earnings and Updates Guidance
- Fortune Brands Innovations reports Q2 EPS $1.00, consensus 97c
- Fortune Brands Innovations sees FY25 EPS $3.75-$3.95, consensus $3.80
- FBIN Earnings this Week: How Will it Perform?