Gabelli Has Hold On H.B. Fuller

Gabelli & Co. has a Hold rating on shares of H.B. Fuller Co FUL. In a note to clients, Gabelli writes, "Fuller is demonstrating that it can raise selling prices faster than in the past. However, the lack of volume growth is keeping us on the sideline until the company shares more details on its "vision for growth". The company will host an analyst conference in NY on July 14th. Mgmt will explain how they "will win in their core markets" and discuss innovation, commercialization, profitability improvement in EIEMA and give an update on their financial targets." Shares of FUL closed at $21.95 yesterday.