On Nov 08, major Wall Street analysts update their ratings for $Fortune Brands Innovations (FBIN.US)$, with price targets ranging from $90 to $100.
Barclays analyst Matthew Bouley maintains with a buy rating, and maintains the target price at $100.
UBS analyst John Lovallo maintains with a buy rating, and adjusts the target price from $104 to $97.
Loop Capital analyst Garik Shmois maintains with a hold rating, and adjusts the target price from $79 to $90.
Truist Financial analyst Keith Hughes maintains with a buy rating, and adjusts the target price from $82 to $92.
Furthermore, according to the comprehensive report, the opinions of $Fortune Brands Innovations (FBIN.US)$'s main analysts recently are as follows:
Fortune Brands Innovations has revised its full-year EPS projections downwards, now anticipating a range between $4.17 and $4.23 as opposed to the original $4.25 to $4.35. In light of this update, earnings forecasts for 2024 and 2025 have been modestly reduced by an analyst, reflecting a 2% and 1% decrease respectively, due to anticipated softer sales.
The assessment indicated that Q3 results had a mixed performance due to subdued sales contrasted with improved margins. Additionally, the full-year outlook has been revised downwards, with the anticipated Q4 earnings per share falling short of market expectations.
Here are the latest investment ratings and price targets for $Fortune Brands Innovations (FBIN.US)$ from 4 analysts:
Note:
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美東時間11月8日，多家華爾街大行更新了$Fortune Brands Innovations (FBIN.US)$的評級，目標價介於90美元至100美元。
巴克萊銀行分析師Matthew Bouley維持買入評級，維持目標價100美元。
瑞士銀行分析師John Lovallo維持買入評級，並將目標價從104美元下調至97美元。
Loop Capital分析師Garik Shmois維持持有評級，並將目標價從79美元上調至90美元。
儲億銀行分析師Keith Hughes維持買入評級，並將目標價從82美元上調至92美元。
此外，綜合報道，$Fortune Brands Innovations (FBIN.US)$近期主要分析師觀點如下：
Fortune Brands Innovations已經調整了全年每股收益預測，現在預計在4.17至4.23美元之間，而不是原先的4.25至4.35美元。在這一更新的背景下，一位分析師已經略微降低了2024年和2025年的盈利預測，分別反映出2%和1%的下降，這是由於預計銷售疲軟所致。
評估顯示，由於低迷的銷售與提高的利潤率形成鮮明對比，Q3的業績表現參差不齊。此外，全年展望已經下調，預計第四季度的每股收益將低於市場預期。
以下爲今日4位分析師對$Fortune Brands Innovations (FBIN.US)$的最新投資評級及目標價：
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