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Fly News Breaks for November 13, 2019
FBHS
Nov 13, 2019 | 07:08 EDT
RBC Capital analyst Mike Dahl raised his price target on Fortune Brands to $67 and kept his Outperform rating after holding investor meetings with its incoming CEO Nick Fink and CFO Patrick Hallinan. The analyst says the discussions have made him incrementally more positive on the self-help potential and the significant opportunities in Cabinets, with more "encouragement" also coming from the sustainability of recent Plumbing strength, and future growth from Fiberon.
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