Wells Fargo Maintains Overweight on Fortune Brands, Lowers Price Target to $48
Wells Fargo analyst Sam Reid maintains Fortune Brands (NYSE:FBIN) with a Overweight and lowers the price target from $52 to $48.
A big bank analyst still thinks Fortune Brands is a good company to own, but thinks the stock might be worth less money than before. When an expert lowers their price guess, watch to see if the company's business is changing or if they just see fewer reasons to feel excited.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.