RBC Capital Maintains Sector Perform on Brown Forman Inc Class B Common Stock, Lowers Price Target to $67
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Nik Modi has maintained a 'Sector Perform' rating on Brown Forman Inc Class B Common Stock (NYSE:BF) and lowered the price target from $68 to $67.

August 31, 2023 | 12:58 pm
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RBC Capital has maintained a 'Sector Perform' rating on Brown Forman Inc Class B Common Stock and lowered the price target from $68 to $67.
The news is directly about Brown Forman Inc Class B Common Stock. The 'Sector Perform' rating suggests that the analyst expects the stock to perform in line with the sector average. The lowering of the price target could suggest a slightly less optimistic outlook, but it's not a significant change and is unlikely to have a major impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100