
“British American Tobacco: Embracing the Non-Combustible Shift, But Will It Ignite Success?”
Downgrading British American Tobacco: A Closer Look Why I Downgraded my Rating After careful consideration, I have decided to downgrade my rating for British American Tobacco (BAT) from a strong buy to a hold. This decision was primarily driven by the slower than expected shift from combustibles to non-combustibles products within the company. Currently, combustibles…