Roth MKM Maintains Neutral on Brown-Forman, Lowers Price Target to $59-Report released on 6 december 2023
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Bill Kirk has maintained a Neutral rating on Brown-Forman (NYSE:BF) and reduced the price target from $64 to $59, as reported on December 6, 2023.
December 07, 2023 | 3:59 pm
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Roth MKM analyst Bill Kirk maintains a Neutral rating on Brown-Forman and lowers the price target from $64 to $59.
The reduction in price target by Roth MKM suggests a less optimistic outlook for Brown-Forman's stock price, which could lead to a negative short-term impact on the stock as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100