Seaport Research upgraded H.B. Fuller (FUL) to Buy from Neutral with an $80 price target The firm believes the company is set to report solid year-over-year EBITDA growth in fiscal 2025 despite a sluggish growth environment. Seaport cites increased confidence in H.B. Fuller’s margin expansion, driven by lower costs and mix improvement, for the upgrade. The company is executing well on pricing, procurement, portfolio repositioning, and its manufacturing optimization initiatives, contends the firm.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FUL:
- H.B. Fuller price target lowered to $62 from $70 at Citi
- H.B. Fuller upgraded to Buy from Neutral at Seaport Research
- H.B. Fuller Earnings Call: Mixed Results with Strategic Gains
- Starbucks announces restructuring, CoreWeave expands OpenAI pact: Morning Buzz
- Closing Bell Movers: Stitch Fix slips 4% despite earnings beat