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Bank of America Securities Remains a Sell on Brown-Forman B (BF.B)

Tipranks - Tipranks - Tue Jun 2, 6:04AM CDT

In a report released today, Andrea Pistacchi from Bank of America Securities reiterated a Sell rating on Brown-Forman B, with a price target of $26.50.

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Pistacchi covers the Consumer Defensive sector, focusing on stocks such as Brown-Forman B, Diageo, and Coca-Cola Europacific Partners. According to TipRanks, Pistacchi has an average return of -2.9% and a 40.86% success rate on recommended stocks.

Brown-Forman B has an analyst consensus of Hold, with a price target consensus of $26.55.

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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

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