Goldman Sachs Reports On BF.B Management Meetings

Goldman Sachs has issued a report on their meetings with Brown-Forman Corp.

and their findings from these meetings. According to the report, "(1) US spirits market showing signs of stabilization… (2) International growth should remain robust for at least several years… (3) Cost inflation likely to be manageable." Brown-Forman has a Neutral Rating and a $73.00 Price Target. Brown-Forman closed at $67.44 yesterday.