Brown-Forman (BF.B) (BF.A) announced the start of its own distribution business in Italy, marking a strategic shift to bring its portfolio directly to Italian consumers and customers for the first time. The Brown-Forman Italy headquarters office will remain in Milan, Italy.
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- Brown-Forman upgraded to Buy at Roth on valuation, encouraging tariff reports
- Brown-Forman upgraded to Buy from Neutral at Roth Capital
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