Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now São Paulo - Delayed Quote • BRL Brown-Forman Corporation (B1FC34.SA) Follow Compare 176.76 +0.87 +(0.50%) At close: February 19 at 5:50:30 PM GMT-3 All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Robinhood initiated, MongoDB downgraded: Wall Street’s top analyst calls The most talked about and market moving research calls around Wall Street are now in one place. Here are today’s research calls that investors need to know, as compiled by The Fly. Top 5 Upgrades: Rosenblatt upgraded Zscaler (ZS) to Buy from Neutral with a $235 price target after the company’s “strong” Q2 report. Susquehanna upgraded Caesars (CZR) to Neutral from Negative with an unchanged price target of $30. The firm no longer sees an actionable short with the shares now close to its price tar Brown-Forman downgraded by Morgan Stanley over tariff risks Brown-Forman (BF-B, BF-A) — the alcohol maker behind brands like Jack Daniel's — received a downgrade to Underweight by Morgan Stanley analysts over concerns tied to US tariffs on Canada. Canadian stores have been reported to be pulling American liquor brands from their shelves in protest of Trump's trade policies. Madison Mills and Alexandra Canal report more on this. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Luke Carberry Mogan. Brown-Forman Continues to Underperform Due to Spirits Category Weakness, Tariff Concerns, RBC Says Brown-Forman (BF.A, BF.B) shares have "materially underperformed" due to ongoing weakness in the spi Brown-Forman US Spirits Business Likely Remains Under Pressure, RBC Says Brown-Forman (BF.B, BF.A) likely faced continued pressure in its US spirits business during the fisc Stocks to watch this week: Broadcom, Costco, JD.com, Adidas and Greggs Earnings preview of key companies reporting this week and what to look out for. Brown-Forman Gears Up for Q3 Earnings: Here's What Lies Ahead BF.B's third-quarter fiscal 2025 results are likely to reflect the impacts of a tough macroeconomic landscape and soft performance at the Travel Retail channel. MGP (MGPI) Q4 Earnings and Revenues Surpass Estimates MGP (MGPI) delivered earnings and revenue surprises of 5.37% and 1.55%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock? Brown-Forman Corporation (BF-B): Among the Beverage Stocks to Buy According to Analysts We recently compiled a list of the 10 Best Beverage Stocks to Buy According to Analysts. In this article, we are going to take a look at where Brown-Forman Corporation (NYSE:BF-B) stands against the other beverage stocks. Consumer behavior plays a key role in shaping any industry, and the beverage sector is no exception. The industry […] HEINY or BF.B: Which Is the Better Value Stock Right Now? HEINY vs. BF.B: Which Stock Is the Better Value Option? 'Portion' of tariffs likely to pass on to US consumers: Analyst Citi vice president of US Beverages and HPC Lead Analyst Filippo Falorni joins Catalysts to examine the potential consequences of President Trump's proposed tariffs on companies and consumers. Falorni highlights that tariffs have been "a very important debate" since Trump's election, identifying alcohol makers Constellation Brands (STZ) and (BF-B, BF-A) (BF-B) as the beverage industry players most likely to be severely impacted when Canadian and Mexican tariffs are implemented on February 1. Discussing the broader consumer goods landscape, the US is "coming off 2 to 3 years of very elevated prices," but Falornia expects companies will still "pass at least a portion of the tariffs" to consumers. He draws parallels to the approach taken during the first Trump presidency. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Angel Smith The Alcohol Industry Is Hooked on Its Heaviest Drinkers While many drinkers cut back, some people who consume 15 or more drinks a week say they are unfazed by health risks. Jim Cramer Thinks Brown-Forman (BF-A) Faces Challenges: Here’s Why We recently published a list of Jim Cramer Discussed These 18 Stocks As Inflation Dropped. In this article, we are going to take a look at where Brown-Forman Corporation (NYSE:BF-A) stands against other stocks that Jim Cramer discussed as inflation drops. In a fresh appearance on CNBC’s Squawk on the Street, Jim Cramer started the […] Iconic whiskey brand makes harsh decision amid declining sales The company behind the popular whiskey brand is making big changes as demand sags. Jack Daniel’s owner to close barrel-making plant, cut more than 600 jobs The restructuring by Brown-Forman, which is expected to generate up to $80 million in annual savings, comes as inflation and changing consumer tastes cut into spirits sales. Spirits industry hopeful about Trump's return, DISCUS CEO says Brown-Forman (BF-B, BF-A), the parent company of Jack Daniel's Whiskey, recently announced a 12% workforce reduction due to a downturn in sales. Distilled Spirits Council of the United States (DISCUS) CEO Chris Swonger joins Asking for a Trend to discuss the challenges and uncertainties the liquor industry is facing. Swonger believes a resurgence is soon to come for the alcohol and hospitality industries under President-elect Donald Trump’s second term. “We are looking forward to working with the Trump administration coming in" Swonger says, highlighting what this would be a major positive for the “bars, the restaurants, and the distilled spirits” businesses. Swonger says in order to keep the American whiskey market booming "is to make sure that our trading partners don't impose tariffs on them." Swonger says he will work with the Trump administration, Mexico, Canada, and the EU to make sure they fully understand the "distinctive nature of distilled spirits products." Watch the video above to follow Swonger also highlight concerns over retaliatory tariffs on American whiskey and the broader impact on the spirits market. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Josh Lynch Brown-Forman shake-up wins praise amid spirits industry downturn Wall Street analysts see the positives as the spirits major seeks savings – in part via job cuts – to “position the company for continued growth”. Brown-Forman Unveils Strategic Measures & Restructures Executive Team BF.B announces a line of strategic measures to aid growth. Such actions will simplify and streamline the company's structure. Brown-Forman to reduce workforce by 12%, close Louisville Cooperage Brown-Forman (BF.B) (BF.A) announced a series of strategic initiatives. These initiatives include a workforce reduction affecting approximately 12% of the company’s global workforce, and closing the Louisville-based Brown-Forman Cooperage. Brown-Forman has made the decision to reduce its global workforce by approximately 12% of its 5,400 employees worldwide. Brown-Forman will close its Louisville-based barrel-making operation, Brown-Forman Cooperage, by April 25. This closure, which will impact Brown-Forman's Restructuring, Job Cuts Highlight 'Many' Ongoing Headwinds, Needham Says Brown-Forman's (BF.A, BF.B) decision on Tuesday to cut 12% of its global workforce and close a US ba Brown-Forman slashes jobs as part of multi-pronged cost-savings plan The spirits major also plans to close a barrel-making facility in Louisville as executive changes announced. Performance Overview Trailing total returns as of 3/7/2025, which may include dividends or other distributions. Benchmark is S&P 500 Return B1FC34.SA S&P 500 YTD -32.79% -1.89% 1-Year -35.83% +11.88% 3-Year -41.74% +37.35%