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Consensus $4.28. Sees 2024 sales up 2.5%-4.5% vs. prior up 3.5%-5.5%. The company said, 'Amidst a dynamic market, we are now updating our full-year guidance to reflect our expectations for [...]

In the world of faucets, Moen stands as a proponent of innovation and quality. An important component of Fortune Brands Innovation, Moen is included in the lineup of brands alongside [...]

JPMorgan analyst Michael Rehaut downgraded Fortune Brands Innovations to Neutral from Overweight with a price target of $70, down from $73, following a period of restriction. The analyst views Fortune [...]

Assa Abloy closes on Spectrum deal, divestitures Assa Abloy's battle with federal regulators over the company's acquisition of Spectrum Holdings' home and hardware (HHI) business appears to be over. Assa [...]

ASSA ABLOY Reaches Settlement with DOJ; Spectrum Acquisition to Proceed The U.S. Department of Justice and ASSA ABLOY reached a settlement May 6 that will allow the company's $4.3 billion [...]

ASSA ABLOY reaches settlement with DOJ, Spectrum acquisition to proceed The U.S. Department of Justice and ASSA ABLOY reached a settlement late Friday that will allow the locksmith giant's $4.3 [...]

Jefferies analyst Philip Ng upgraded Fortune Brands Innovations to Buy from Hold with a price target of $84, up from $67. The stock is lagging the builders and trading at [...]

Fortune Brands Innovations will release first quarter 2023 financial results after the market close on Wednesday, April 26. According to a media release, at 5 p.m. ET, Chief Executive Officer [...]

Master Lock Owner to Buy ASSA ABLOY Units The owner of prominent security brands Master Lock and SentrySafe has agreed to buy four ASSA ABLOY companies. The move is the [...]

Master Lock Owner to Buy ASSA ABLOY Units The owner of prominent security brands Master Lock and SentrySafe has agreed to buy four ASSA ABLOY companies. The move is the [...]

BMO Capital analyst Ketan Mamtora lowered the firm's price target on Fortune Brands to $85 from $90 and keeps an Outperform rating on the shares. The analyst is positive on [...]

Baird analyst Timothy Wojs raised the firm's price target on Fortune Brands to $70 from $65 and keeps a Neutral rating on the shares. The analyst said stronger Plumbing and [...]

The company now anticipates delivering 2022 full-year sales growth in the range of 4.5 percent to 5.5 percent relative to a global home products market growing at 2 percent to [...]

Notable companies reporting after the market close, with earnings consensus, include Meta Platforms (META), consensus $1.89... ServiceNow (NOW), consensus $1.84... Ford (F), consensus 27c... O'Reilly Automotive (ORLY), consensus $8.51... KLA [...]

Deutsche Bank analyst Joe Ahlersmeyer lowered the firm's price target on Fortune Brands to $90 from $100 and keeps a Buy rating on the shares. The analyst thinks the Q3 [...]

Credit Suisse analyst Daniel Oppenheim downgraded Fortune Brands to Neutral from Outperform with a price target of $62, down from $90. Oppenheim expects a sharp slowing of housing turnover and [...]

Deutsche Bank analyst Joseph Ahlersmeyer initiated coverage of Fortune Brands with a Buy rating and $100 price [...]

The Company now anticipates delivering an increased full-year sales growth in the range of 6.5 percent to 7.5 percent relative to a global home products market growing at 3 percent [...]

Wells Fargo analyst Deepa Raghavan lowered the firm's price target on Fortune Brands to $66 from $76 given the softness in housing new construction and early signs of softness in [...]

Accenture Advantage Solutions Agllon Health Alleglon PLC Ameresco American Equity Investment Life Insurance Analog Devices Inc. Bark Belden Inc. BJ's Wholesale Club Inc. Bloom Energy Boston Beer Co. Boston Scientific [...]

Meenu Agaiwal, Patterson Companies Inc. Bert Alfonso, The Kraft Heinz Company Heather L. Anfang, Graco Inc. Stacy Apter, Synovus Financial Corp. Zena S. Arnold, Lancaster Colony Corporation Dennis V. Arriola, [...]

Credit Suisse analyst Daniel Oppenheim raised the firm's price target on Fortune Brands to $95 from $90 and keeps an Outperform rating on the shares following quarterly results. While Fortune [...]

Truist analyst Keith Hughes lowered the firm's price target on Fortune Brands to $100 from $115 but keeps a Buy rating on the shares. The company's Q1 earnings outperformed, but [...]

BofA analyst Rafe Jadrosich upgraded Fortune Brands to Neutral from Underperform with a price target of $84, up from [...]

KeyBanc analyst Kenneth Zener downgraded Fortune Brands to Sector Weight from Overweight without a price target. While the company modestly raised fiscal 2022 guidance and expects to spinoff its cabinet [...]

Fortune Brands' Board of Directors authorized the company to pursue a tax-free spin-off of its Cabinets business into a standalone publicly traded company. Upon closing of the proposed separation, shareholders [...]

JPMorgan analyst Michael Rehaut lowered the firm's price target on Fortune Brands to $81 from $94 and keeps an Overweight rating on the shares. The analyst does not expect any [...]

As previously reported prior to the open, BofA analyst Rafe Jadrosich double downgraded Fortune Brands to Underperform from Buy with a price target of $74, down from $118. His new [...]

BofA analyst Rafe Jadrosich downgraded Fortune Brands to Underperform from [...]

Credit Suisse analyst Daniel Oppenheim initiated coverage of Fortune Brands with an Outperform rating and $90 price target. Strong housing turnover, significant home equity and confidence in home values, and [...]

Loop Capital analyst Garik Shmois downgraded Fortune Brands to Hold from Buy with a price target of $91, down from $120, as part of a broader research note on Building [...]

Loop Capital analyst Garik Shmois downgraded Fortune Brands to Hold from Buy with a $91 price [...]

Jefferies analyst Philip Ng downgraded Fortune Brands s Home and Security to Hold from Buy with a price target of $95, down from [...]

Previous view $5.65-$5.85. The Company expects to continue outperforming a fundamentally strong housing market. The Company now anticipates delivering full-year sales growth in the range of 24.5 percent to 25.5 [...]

Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Fortune Brands (FBHS) upgraded to Outperform from Sector Perform at RBC Capital with analyst [...]

RBC Capital analyst Mike Dahl upgraded Fortune Brands to Outperform from Sector Perform with a price target of $109, down from $114. Investor sentiment around the stock has become too [...]