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Fly News Breaks for February 1, 2017
FBHS
Feb 1, 2017 | 08:09 EDT
After Fortune Brands reported in-line sales but lower than expected EPS and provided EPS guidance that came in below expectations, RBC Capital analyst Robert Wetenhall recommends buying the stock on any weakness. He is confident in the company's "ability to deliver profitable growth and a thoughtful approach to capital allocation that drives shareholder value. " He reiterates a $68 price target and an Outperform rating on the stock.
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