JP Morgan Maintains Neutral on Brown-Forman, Raises Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Andrea Teixeira maintains a Neutral rating on Brown-Forman (NYSE:BF) and raises the price target from $58 to $63.

March 01, 2024 | 12:56 pm
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JP Morgan analyst Andrea Teixeira maintains a Neutral rating on Brown-Forman and raises the price target from $58 to $63.
The increase in the price target by JP Morgan suggests a positive outlook on the stock's value, potentially leading to short-term price appreciation. However, the Neutral rating indicates that the stock might not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100