RBC Capital Keeps Their Hold Rating on Brown-Forman B (BF.B)
In a report released today, Nik Modi from RBC Capital maintained a Hold rating on Brown-Forman B, with a price target of $30.00.
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According to TipRanks, Modi is an analyst with an average return of -4.8% and a 43.28% success rate. Modi covers the Consumer Defensive sector, focusing on stocks such as Colgate-Palmolive, B&G Foods, and Mondelez International.
In addition to RBC Capital, Brown-Forman B also received a Hold from TipRanks – Google’s Google Beverages – Wineries and Distilleries in a report issued today. However, on the same day, TipRanks – DeepSeek upgraded Brown-Forman B (NYSE: BF.B) to a Buy.
Based on Brown-Forman B’s latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $1.06 billion and a net profit of $267 million. In comparison, last year the company earned a revenue of $1.04 billion and had a net profit of $270 million
Read More on BF.B:
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- Brown-Forman upgraded to Neutral from Sell at Citi
- Brown-Forman upgraded to Neutral from Underweight at JPMorgan
- Brown-Forman confirms discussions with Pernod Ricard
- Balanced Risk-Reward Amid M&A Speculation and Strategic Shift Supports Hold on Brown‑Forman B
- Roth says significant premium would likely be required for Brown-Forman to sell
