Bank of America Securities Remains a Sell on Brown-Forman B (BF.B)
Bank of America Securities analyst Andrea Pistacchi reiterated a Sell rating on Brown-Forman B today and set a price target of $26.50.
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Pistacchi covers the Consumer Defensive sector, focusing on stocks such as Diageo, Brown-Forman B, and Coca-Cola Europacific Partners. According to TipRanks, Pistacchi has an average return of -4.5% and a 38.10% success rate on recommended stocks.
Brown-Forman B has an analyst consensus of Moderate Sell, with a price target consensus of $29.28.
Based on Brown-Forman B’s latest earnings release for the quarter ending October 31, the company reported a quarterly revenue of $1.04 billion and a net profit of $224 million. In comparison, last year the company earned a revenue of $1.1 billion and had a net profit of $258 million
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