Brown Forman downgraded to Neutral from Buy at ISI Group ISI Group downgraded Brown Forman to Neutral based on several challenges that include industry pricing and promotional pressures that will make it difficult to raise Jack Daniel's pricing.
Barnes Group sees FY!5 adjusted EPS $2.42-$2.57, consensus $2.49 Sees FY15 revenue growth of 3%-6%, consensus $1.34B. Sees FY15 organic revenue growth of 6%-9%. Sees FY15 operating margins to be in the range of 16%-17%. Sees FY15 CapEx $55M-$60M. Sees FY15 cash conversion to approximate 100% of net income.