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Fly News Breaks for July 17, 2018
BFA, BFB, BF.B, BF.A
Jul 17, 2018 | 07:58 EDT
As reported previously, Cowen analyst Vivien Azer upgraded Brown-Forman to Outperform from Market Perform. The analyst believes the risks of tariffs and a global trade war have been appropriately priced into the shares. She said the company has some of the strongest brand equity across her coverage. Azer raised her price target to $58 from $54 on Brown-Forman shares.
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