UBS Lowers Brown-Forman (BF-B) Price Outlook While Reaffirming Neutral Rating

Brown-Forman Corporation (NYSE:BF-B) is included among the 13 Best Long-Term Dividend Stocks to Invest in Right Now.

UBS Lowers Brown-Forman (BF-B) Price Outlook While Reaffirming Neutral Rating

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On February 26, UBS lowered its price recommendation on Brown-Forman Corporation (NYSE:BF-B) to $30 from $32. The firm reiterated a Neutral rating on the shares. The revision reflects the firm’s updated view on the company’s outlook and expected performance.

On February 18, Brown-Forman announced that its Board of Directors declared a regular quarterly cash dividend of $0.2310 per share on both its Class A and Class B common stock. The dividend will be paid on April 1, 2026, to shareholders of record as of March 9, 2026.

Brown-Forman remains part of the S&P 500 Dividend Aristocrats index. The company has paid regular quarterly dividends for 82 years and has increased its dividend for 42 consecutive years. This track record reflects its long-standing commitment to returning cash to shareholders.

Earlier, on February 4, the company said it would release its third-quarter and year-to-date fiscal 2026 financial results on March 4, 2026. This upcoming report will provide an updated view of its recent performance.

Brown-Forman Corporation (NYSE:BF-B) produces and sells a wide range of beverage alcohol products. Its portfolio includes more than 40 brands across spirits, ready-to-drink cocktails, and wine.

While we acknowledge the potential of BF-B to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BF-B and that has 100x upside potential, check out our report about this cheapest AI stock.

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