** Citi cuts price target on coffee maker Breville Group BRG.AX by 16% to A$32.10; maintains "Neutral" rating
** Lowers forecasts for FY26 and FY27 net profit after tax by 12%
** Brokerage says it is uncertain whether BRG will be able to offset tariff impact without seeing lower consumer demand
** Raises concerns over product quality after shifting production to other countries to combat tariffs, and expects higher manufacturing costs in new countries despite lower tariff exposure
** 6 analysts rated 'buy' on stock, 7 'hold'; their median PT is A$34.05 – LSEG-compiled data
** YTD, shares down 13.9%
(Reporting by Nichiket Sunil in Bengaluru)
((Nichiket.Sunil@thomsonreuters.com))