Fortune Brands Home & Security (FBHS) Tops Q4 EPS by 2c; Guides FY EPS Modestly Below the Street

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Fortune Brands Home (FBHS) PT Lowered to $67 at Jefferies; Reiterates Buy

February 1, 2017 7:48 AM EST

Jefferies lowered its price target on Fortune Brands Home (NYSE: FBHS) to $67.00 (from $70.00) while maintaining a Buy rating following the company's 4Q report.

Analyst Philip Ng commented, "The beat was largely driven by lower tax, but FBHS delivered strong results in... More