Brown-Forman Shares Fall After Citigroup Downgrade

MT Newswires Live

12/18

Brown-Forman (BF.A, BF.B) shares fell 5.8% in recent Wednesday trading after Citigroup downgraded the stock to sell from neutral and cut its price target to $27 from $30.

Intraday volume topped 4.42 million shares, compared with the daily average of almost 4.06 million.

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