USA Trending News

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.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button