Baird analyst Timothy Wojs lowered the firm’s price target on Fortune Brands (FBIN) to $44 from $46 and keeps a Neutral rating on the shares. The firm updated its model following inline Q1 results and lowered guidance.
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Read More on FBIN:
- Fortune Brands reports Q1 EPS ex-items 53c, consensus 53c
- Fortune Brands cuts FY26 EPS view to $3.00-$3.50 from $3.35-$3.65
- Fortune Brands Innovations Adopts Governance Reforms, Declassifies Board
- Fortune Brands price target lowered to $46 from $55 at Baird
- FBIN Earnings this Week: How Will it Perform?
