Deutsche Bank Downgrades Brown Forman To Hold

Analysts at Deutsche Bank downgraded Brown Forman (NYSE:

) 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.