Citi Sticks to Its Hold Rating for Brown-Forman B (BF.B)
Citi analyst Filippo Falorni maintained a Hold rating on Brown-Forman B today and set a price target of $30.00.
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Falorni covers the Consumer Defensive sector, focusing on stocks such as Constellation Brands, Kenvue, Inc., and Keurig Dr Pepper. According to TipRanks, Falorni has an average return of -1.4% and a 54.23% success rate on recommended stocks.
Currently, the analyst consensus on Brown-Forman B is a Hold with an average price target of $30.21.
Based on Brown-Forman B’s latest earnings release for the quarter ending July 31, the company reported a quarterly revenue of $924 million and a net profit of $170 million. In comparison, last year the company earned a revenue of $951 million and had a net profit of $195 million
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