Morgan Stanley Maintains Equal-Weight on Brown-Forman, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has maintained its Equal-Weight rating on Brown-Forman (NYSE:BF) but has lowered the price target from $58 to $45.
June 06, 2024 | 4:01 pm
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Morgan Stanley has maintained its Equal-Weight rating on Brown-Forman but has lowered the price target from $58 to $45.
The lowered price target from $58 to $45 by Morgan Stanley suggests a less optimistic outlook for Brown-Forman, which could negatively impact the stock price in the short term.
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