Barclays analyst Matthew Bouley maintains $Fortune Brands Innovations (FBIN.US)$ with a buy rating, and adjusts the target price from $86 to $100.
According to TipRanks data, the analyst has a success rate of 65.3% and a total average return of 21.0% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Fortune Brands Innovations (FBIN.US)$'s main analysts recently are as follows:
The preference for building products over homebuilders is noted amidst a forecast that predicts uncertain earnings within the sector.
Analysts are adjusting their forecasts for the building products sector to account for temporary obstacles including inclement weather and a slowdown in housing starts, which may result in fluctuations in stock prices around earnings announcements. Despite these short-term challenges, there is a positive outlook for 2025, anticipating that declining interest rates will benefit companies that have not performed as strongly in the recent past, setting the stage for a potential upswing in their share prices following earnings reports.
Note:
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