Truist lowered the firm’s price target on Brown-Forman (BF.B) to $25 from $35 and keeps a Hold rating on the shares. The firm is updating its model after the company’s Q4 results earlier this month, cutting its FY26 EPS view to $1.61 from 1.75, the analyst tells investors in a research note.
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Read More on BF.B:
- Brown-Forman price target lowered to $35 from $38 at Roth Capital
- Brown-Forman price target lowered to $29 from $38 at Deutsche Bank
- Brown-Forman price target lowered to $30 from $38 at Evercore ISI
- Cautious Hold on Brown-Forman B Amid Earnings Miss and Market Challenges
- Brown-Forman price target lowered to $29 from $32 at Morgan Stanley