JP Morgan Maintains Neutral on Brown Forman Inc Class B Common Stock, Raises Price Target to $70
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Andrea Teixeira maintains a Neutral rating on Brown Forman Inc Class B Common Stock (NYSE:BF) and raises the price target from $66 to $70.
August 24, 2023 | 2:24 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
JP Morgan maintains a Neutral rating on Brown Forman Inc Class B Common Stock and raises the price target from $66 to $70.
The news is directly about Brown Forman Inc Class B Common Stock. JP Morgan's decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the increase in price target from $66 to $70 suggests a positive outlook in the longer term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100