Analysts at Deutsche Bank downgraded Brown Forman (NYSE: BF-B) from Buy to Hold.
The target price for Brown Forman is set to $99.
Brown Forman shares have surged 35.45% over the past 52 weeks, while the S&P 500 index has gained 22.33% in the same period.
Brown Forman's shares dropped 0.21% to close at $92.05 yesterday.
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