Read How Analysts Reacted To Fortune Brands'' Q1 Results, Spin-Off
KeyBanc analyst Kenneth R. Zener downgraded Fortune Brands Home Security Inc (NYSE: FBHS ) to Sector Weight from Overweight, with a $120 price target (66% upside). The analyst sees a less compelling short-term risk-to-return as unit growth showed signs of slowing. Zener lowered his FY23 EPS estimate to $6.71 from the previous $7.16 on accelerating inflation costs. B of A Securities analyst Rafe Jadrosich upgraded FBHS from Underperform to Neutral and raised the price target from … Full story available on Benzinga.com
Read How Analysts Reacted To Fortune Brands'' Q1 Results, Spin-Off
KeyBanc analyst Kenneth R. Zener downgraded Fortune Brands Home Security Inc (NYSE: FBHS ) to Sector Weight from Overweight, with a $120 price target (66% upside). The analyst sees a less compelling short-term risk-to-return as unit growth showed signs of slowing. Zener lowered his FY23 EPS estimate to $6.71 from the previous $7.16 on accelerating inflation costs. B of A Securities analyst Rafe Jadrosich upgraded FBHS from Underperform to Neutral and raised the price target from … Full story available on Benzinga.com