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

Cfra cut shares of BF-B (NASDAQ:BF-B) from a hold rating to a sell rating in a report released on Friday, FinViz reports.

Several other research analysts have also recently weighed in on the company. Evercore ISI cut BF-B from an in-line rating to an underperform rating and set a $60.00 price target for the company. in a research note on Thursday, September 19th. Redburn Partners cut BF-B from a buy rating to a neutral rating in a research note on Friday, October 11th. Three investment analysts have rated the stock with a sell rating and two have given a hold rating to the company’s stock. The stock has an average rating of Sell and an average price target of $54.00.

NASDAQ:BF-B traded up $0.11 during trading hours on Friday, reaching $64.81. 70,793 shares of the company traded hands. The firm has a 50-day moving average price of $63.86 and a 200-day moving average price of $58.18.

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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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