JP Morgan Maintains Neutral on Brown-Forman, Lowers Price Target to $44
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Andrea Teixeira maintains a Neutral rating on Brown-Forman (NYSE:BF) but lowers the price target from $52 to $44.
June 06, 2024 | 2:56 pm
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JP Morgan analyst Andrea Teixeira maintains a Neutral rating on Brown-Forman (NYSE:BF) and lowers the price target from $52 to $44.
The lowered price target from $52 to $44 suggests a less optimistic outlook for Brown-Forman's stock performance, which could lead to a short-term decline in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100