BF-B (NASDAQ:BF-B) Downgraded to Sell at Cfra

BF-B (NASDAQ:BF-B) was downgraded by stock analysts at Cfra from a “hold” rating to a “sell” rating in a research note issued on Friday, FinViz reports.

A number of other brokerages have also issued reports on BF-B. Evercore ISI lowered BF-B from an “in-line” rating to an “underperform” rating and set a $60.00 target price on the stock. in a research report on Thursday, September 19th. Redburn Partners lowered BF-B from a “buy” rating to a “neutral” rating in a research report on Friday, October 11th. Three analysts have rated the stock with a sell rating and two have given a hold rating to the company’s stock. The stock presently has a consensus rating of “Sell” and a consensus price target of $54.00.

NASDAQ:BF-B traded up $0.11 during midday trading on Friday, hitting $64.81. The company’s stock had a trading volume of 70,793 shares. The company’s fifty day simple moving average is $63.71 and its 200 day simple moving average is $58.02.

About BF-B

Brown-Forman Corporation manufactures, bottles, imports, exports, markets, and sells various alcoholic beverages worldwide. It provides spirits, wines, ready-to-drink cocktails, whiskey, vodka, tequilas, champagnes, brandy, and liqueur. The company offers its products primarily under the Jack Daniel's, Gentleman Jack, Korbel, Woodford Reserve, Finlandia, el Jimador, Herradura, Sonoma-Cutrer, Canadian Mist, GlenDronach, BenRiach, Glenglassaugh, Chambord, Early Times, Old Forester, Pepe Lopez, Antiguo, Coopers' Craft, Collingwood, and Slane Irish brands.

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Analyst Recommendations for BF-B (NASDAQ:BF-B)

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