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Stock impact report

Brown-Forman (BF-B) Faces Pressure as Morgan Stanley Lowers Price Target to $27 [Yahoo! Finance]

Brown Forman Inc Class A (BF.A) 
Company Research Source: Yahoo! Finance
Brown-Forman Corporation (NYSE: BF-B ) is included among the 13 Best Defensive Dividend Stocks for 2025 Brown-Forman (BF-B) Faces Pressure as Morgan Stanley Lowers Price Target to $27 Brent Hofacker/Shutterstock.com On March 5, Morgan Stanley lowered its price recommendation on Brown-Forman Corporation (NYSE:BF-B) to $27 from $29. The firm reiterated an Underweight rating on the shares. The analyst argued that structural headwinds in the alcohol industry, an oversupply of American whiskey, and the prospect of stronger competitive pressure are weighing on the company's outlook. At the same time, rising costs are adding to what the firm views as a difficult topline environment. During the earnings call for fiscal Q2 2026, CEO Lawson Whiting said reported net sales for the first nine months declined 2%. After adjusting for certain items, organic net sales were essentially flat over the same period. He noted that growth remained strong in emerging international markets, which ros Show less Read more
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