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March 19, 2014
07:20 EDTBFA, BF.B, BFBBrown-Forman new product should significantly raise revenue, says RBC Capital
RBC Capital believes that a national U.S. launch of Brown-Forman's new Jack Daniel's Tennessee Fire could increase the company's total revenue by about 200 basis points. The firm keeps a $95 price target and Outperform rating on the shares.
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