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Fly News Breaks for September 7, 2018
Sep 7, 2018 | 05:52 EDT
Jefferies analyst Kevin Grundy started Brown-Forman with a Hold rating and $49 price target. The analyst views Brown-Forman as a "great company" but cites the "premium" valuation for his Hold rating.
News For B;BFA;BFB From the Last 2 Days
Dec 5, 2019 | 08:56 EST
HIGHER: Nike (NKE), up 2% after Goldman Sachs analyst Alexandra Walvis upgraded the stock to Buy from Neutral with a $112 price target and added the shares to her firm's Americas Conviction List. Nike is on the cusp of a "sharp acceleration" in earnings growth, Walvis tells investors. UP AFTER EARNINGS: Dollar General (DG), up 3%... Express (EXPR), up 13%... RH (RH), up 2%... Signet Jewelers (SIG), up 7%... Five Below (FIVE), up 6%... Slack Technologies (WORK), up 3%. DOWN AFTER EARNINGS: Brown-Forman (BF.B), down 1%... J. Jill (JILL), down 11%... Elastic (ESTC), down 15%... At Home Group (HOME), down 42%. ALSO LOWER: Sage Therapeutics (SAGE), down 62% after announcing its Phase 3 Study evaluating the effect of SAGE-217 on depressive symptoms in adults with major depressive disorder did not meet its primary endpoint of a statistically significant reduction from baseline compared to placebo.