UPDATE - UBS Upgraded Brown Forman (BF-B) to Buy; Aroma is Sweet
Tweet
Share
E-mailGet Alerts BF-B Hot Sheet
Price: $28.44 +0.11%
Rating Summary:
5 Buy, 20 Hold, 6 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
5 Buy, 20 Hold, 6 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Join SI Premium – FREE
UPDATE - UBS upgraded Brown Forman (NYSE: BF-B) from Neutral to Buy. PT raised from $83 to $98.
Analyst, Kaumil S. Gajrawala, said, "We believe Brown-Forman revenue growth is poised to accelerate to 7.4% CAGR in FY12-15e (vs. 1.2% CAGR in FY08-11), based on multiple growth drivers. Our FY13e EPS goes to $4.07 (from $4.02) and our FY14e EPS goes to $4.57 (from $4.32)."
Gajrawala sees continued outperformance in spirits (noting bourbon), innovation in category/product and continued EPS growth for next several years.
To see more ratings changes on BF-B, Click Here
Analyst, Kaumil S. Gajrawala, said, "We believe Brown-Forman revenue growth is poised to accelerate to 7.4% CAGR in FY12-15e (vs. 1.2% CAGR in FY08-11), based on multiple growth drivers. Our FY13e EPS goes to $4.07 (from $4.02) and our FY14e EPS goes to $4.57 (from $4.32)."
Gajrawala sees continued outperformance in spirits (noting bourbon), innovation in category/product and continued EPS growth for next several years.
To see more ratings changes on BF-B, Click Here
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Viking Holdings (VIK) PT Raised to $82 at Mizuho
- Walmart (WMT) PT Lowered to $130 at UBS on Investment Narrative's Competing Dynamics
- Palmer Square Capital BDC (PSBD) PT Lowered to $10.25 at BofA Securities
Create E-mail Alert Related Categories
Analyst PT Change, UpgradesRelated Entities
UBSSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
