What exactly did Wolfe Research change on February 13, 2026?

Wolfe Research downgraded Fortune Brands (FBIN) to **Peer Perform** on February 13, 2026, after a disappointing Q4. The note did not include a new price target and produced a **0.39% ($0.20)** share move.

What does a Peer Perform rating mean for investors?

Peer Perform typically means the analyst expects the stock to perform in line with sector peers over 12 months. It signals neutral conviction and advises measured holdings or selective buying.

Should I sell FBIN after the downgrade?

A single Peer Perform downgrade is not an automatic sell signal. Investors should review guidance, margins, and valuation. Income investors may hold if the dividend remains intact.

Where can I read the Wolfe Research note and coverage summary?

The initial coverage was summarized by The Fly on February 13, 2026. For broader market context on rating moves, Barron's maintains a daily upgrades and downgrades list [source](https://www.barrons.com/market-data/stocks/us/upgrades-downgrades?gaa_at=eafs&gaa_n=AWEtsqftlreyy0jl0V0jVzvVnnNaYOOoSSvLdw

Analyst Ratings

Wolfe Research Downgrades Fortune Brands (FBIN) to Peer Perform Feb 13, 2026

ByDanny Kontos February 16, 2026February 16, 2026

Wolfe Research downgraded Fortune Brands Innovations, Inc. (FBIN) to Peer Perform on February 13, 2026, citing a “disappointing” fourth-quarter print. This FBIN analyst rating move signals a more cautious stance from a notable coverage firm. The downgrade followed weak operational details in Q4 and a modest intraday market reaction of 0.39% ($0.20). Investors tracking FBIN analyst rating should note the change is neutral-to-guarded rather than a sell call, and no new price target was published with the note.