Brown-Forman Sees Sales Fall as Trump Trade Conflicts Weigh on Spirits Producers

Brown-Forman sees sales fall as Trump trade conflicts weigh on spirits producers

LOUISVILLE — Brown-Forman Corp. reported weaker sales Thursday as the maker of Jack Daniel's Tennessee Whiskey confronts challenging market conditions amid global trade conflicts and pinched consumer spending.

UBS Trims PT on Brown-Forman Corporation, Maintains Neutral Rating

Investment firm UBS has made some changes to its outlook on Brown-Forman Corporation (BF-B), a leading producer of alcoholic beverages. While still maintaining a neutral rating on the stock, UBS has trimmed its price target to $30. This comes after a recent decline in the company’s stock price, driven by concerns over potential tariffs and a slowdown in sales growth. Despite lowering its price target, UBS remains neutral on BF-B, meaning they do…