B. Riley Initiates Farmer Brothers At Buy

Analysts at B. Riley initiated coverage on Farmer Brothers Company

with a Buy rating. The target price for Farmer Brothers is set to $31. Farmer Brothers shares have jumped 55.39% over the past 52 weeks, while the S&P 500 index has surged 17.13% in the same period. Farmer Brothers' shares fell 1% to close at $23.65 yesterday.