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.

Pixabay/Public Domain

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 as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

and