UBS analyst lowers price target for Brown-Forman Corporation due to Q4 results
From Yahoo Finance: 2025-06-11 11:31:00
Brown-Forman Corporation (NYSE:BF-B) faces challenges at the end of FY2025, prompting UBS analyst Peter Grom to lower the price target from $38 to $30. Q4 results fell short of expectations, raising concerns about ongoing obstacles affecting the company’s future growth potential. The stock currently trades at a promising valuation of 17x earnings, but may remain range-bound until stronger revenue growth data emerges. Despite being a leading producer of premium alcoholic beverages, potential investment opportunities in AI stocks with greater upside and lower risk are highlighted.
Read more at Yahoo Finance: UBS Remains Neutral on Brown-Forman Corporation (BF-B), Trims PT to $30