As previously reported, SunTrust analyst Keith Hughes upgraded Fortune Brands to Buy from Hold with a price target of $75, up from $58. The analyst cites an improvement in the macro backdrop for the company as demand from new residential construction as well as remodeling is set to accelerate the organic growth for all of its products next year. Hughes adds that tariffs on cabinets made in China should yield some pricing and volume gains, while the likely decision by the management to spin off the cabinet unit could further improve future growth of RemainCo.