Goldman Sachs Maintains Sell on Brown-Forman, Lowers Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Bonnie Herzog has maintained a 'Sell' rating on Brown-Forman (NYSE:BF) and lowered the price target from $60 to $53.
October 24, 2023 | 2:11 pm
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NEGATIVE IMPACT
Goldman Sachs has maintained a 'Sell' rating on Brown-Forman and lowered the price target from $60 to $53.
The 'Sell' rating maintained by Goldman Sachs and the lowering of the price target indicates a bearish outlook for Brown-Forman. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100