Reported 1 day ago
Brown-Forman Corporation (BF-B) is nearing its 52-week low as Truist Financial has revised its price target from $35 to $25, maintaining a 'Hold' rating due to disappointing Q4 2025 performance with a 5% decline in net sales year-over-year. Despite positive results for brands like Woodford Reserve and Diplomatico, challenges in international markets and the tequila segment are significant. The company's strategic initiatives have achieved savings, but broader market conditions are impacting its stock appeal.
Source: YAHOO