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Key Dates for Consumer Stocks this Week

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Analyst ratings changes last week

On December 7, Credit Suisse raised its price target for Brown-Forman (BF-B) stock to $61 from $55 with a “neutral” rating. Berenberg raised the target price to $52 with a “hold” rating, but Pivotal Research downgraded the stock to “hold” from “buy” but raised its target price to $65 from $62.

Meanwhile, Stifel raised its price target for BF-B to $69 from $49, while Cowen and Company raised its price target for the stock to $71 from $54. Of the analysts surveyed, 88% analysts rated the stock a “buy,” while 12% rated it a “hold.” None has rated it a “sell.”

On December 5, Jefferies upgraded McDonald’s (MCD) stock to “buy” from “hold” and raised the target price to $200 from $150. Of the analysts surveyed, 71% analysts rated the stock a “buy,” while 29% rated it a “hold.” None has rated it a “sell.”

On December 7, MKM Partners downgraded Priceline Group (PCLN) to “neutral” from “buy” and reduced the target price to $1,850 from $2,225. Of the analysts surveyed, 72% rated the stock a “buy,” while 28% rated it a “hold.” None has rated it a “sell.”

For more information, visit Market Realist’s Consumer Discretionary and Consumer Staples pages.

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