Farmer Brothers (FARM) PT Raised to $38.50 at B. Riley
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Price: $1.28 --0%
Rating Summary:
4 Buy, 1 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 6 | Down: 5 | New: 3
Rating Summary:
4 Buy, 1 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 6 | Down: 5 | New: 3
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B. Riley raised its price target on Farmer Brothers (NASDAQ: FARM) to $38.50 (from $37.25) while maintaining a Buy rating.
Analyst Kara Anderson says the company restructuring efforts are driving margin expansion and saw no surprises come out of the Q4 report.
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