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Fly News Breaks for December 22, 2016
BF.A, BF.B
Dec 22, 2016 | 07:12 EDT
As noted earlier, SunTrust downgraded Brown Forman to Hold from Buy. Analyst William Chappell, Jr. predicts that, "foreign exchange headwinds and waning investor appetites for higher yields" will cause the stock "to stay in a trading range in coming quarters." Target to $45 from $55.
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