RBC Capital Maintains Sector Perform on Brown-Forman, Lowers Price Target to $56
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Nik Modi maintains a Sector Perform rating on Brown-Forman (NYSE:BF) and lowers the price target from $60 to $56.
March 07, 2024 | 1:54 pm
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RBC Capital maintains a Sector Perform rating on Brown-Forman and lowers the price target from $60 to $56.
The reduction in price target by RBC Capital suggests a less optimistic outlook on Brown-Forman's stock, potentially leading to a short-term negative impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100