Evercore ISI Group Maintains Rating but Lowers Price Target for BF/B | BF/B Stock News

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May 23, 2025

On May 23, 2025, analyst Robert Ottenstein from Evercore ISI Group maintained an "In-Line" rating for Brown-Forman (BF/B, Financial). The decision reflects the company's current market position, aligning with prior assessments.

However, the analyst adjusted the price target for Brown-Forman (BF/B, Financial) from USD 40.00 to USD 38.00. This revision marks a 5% decrease in the anticipated price target, suggesting a tempered outlook on the stock's performance.

The price target change aligns with Brown-Forman's recent market activity and outlook, although the "In-Line" rating remains unchanged. Investors are advised to consider this updated price target as they evaluate their positions in Brown-Forman (BF/B, Financial).

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