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FBHS

Fortune Brands

$55.61

0.565 (1.03%)

16:15
10/17/16
10/17
16:15
10/17/16
16:15

Fortune Brands downgraded to Sector Weight from Overweight at KeyBanc

  • 26

    Oct

FBHS Fortune Brands
$55.61

0.565 (1.03%)

09/01/16
09/01/16
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Enova International (ENVA) initiated with a Buy at Jefferies by analyst John Hecht, who sees "meaningful upside" from current shares levels. He views Enova as the leader in the "large, fragmented" market for alternative consumer lending. 2. Orbital ATK (OA) initiated with a Buy at Deutsche Bank by analyst Myles Walton, who views the stock as compelling following the recent pullback. The release of the company's audited financial statements in the next month coupled with a successful resupply mission will drive buying of the shares, Walton tells investors. 3. Spectrum Brands (SPB) initiated with an Overweight at Piper Jaffray by analyst Stephanie Wissink, highlighting the company's diversified business and "strong" capital position. 4. Fortune Brands (FBHS) initiated with a Neutral by Citi analyst Will Randow, who believes the company is well positioned to benefit from the housing recovery but cites valuation for his rating. 5. Rice Midstream (RMP) initiated with an Overweight rating and a $27 price target at MUFG Securities. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
09/23/16
BOFA
09/23/16
INITIATION
Target $70
BOFA
Buy
Fortune Brands initiated with a Buy at BofA/Merrill
BofA/Merrill analyst John Lovallo initiated Fortune Brands with a Buy and a $70 price target. The analyst is positive on its residential repair and remodel end market exposure, its security business, capital allocation and strong free cash flow.
09/28/16
WELS
09/28/16
INITIATION
WELS
Outperform
Fortune Brands initiated with an Outperform at Wells Fargo
09/29/16
WELS
09/29/16
INITIATION
WELS
Outperform
Fortune Brands initiated with an Outperform at Wells Fargo
Wells Fargo analyst Stephen East started Fortune Brands with an Outperform rating and $68-$71 price target range.

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