On Oct 05, major Wall Street analysts update their ratings for $Constellation Brands (STZ.US)$, with price targets ranging from $255 to $309.
UBS analyst Peter Grom maintains with a buy rating, and adjusts the target price from $295 to $288.
Jefferies analyst Kaumil Gajrawala maintains with a buy rating, and adjusts the target price from $310 to $309.
Evercore analyst Robert Ottenstein maintains with a buy rating, and adjusts the target price from $310 to $300.
RBC Capital analyst Nik Modi maintains with a buy rating, and maintains the target price at $308.
Piper Sandler analyst Michael Lavery maintains with a buy rating, and maintains the target price at $300.
Furthermore, according to the comprehensive report, the opinions of $Constellation Brands (STZ.US)$'s main analysts recently are as follows:
The firm adjusted its model for Constellation Brands following the fiscal Q2 report to account for a temporary slowdown in growth.
Constellation Brands exhibited a 'mixed' fiscal Q2 performance, wherein beer depletion figures fell short of market and institutional investor expectations, potentially raising concerns. Nevertheless, the progression of margins in the Beer division was noted as strong, and beer shipments exceeded expectations, factors that are expected to bolster the stock alongside reaffirmed guidance. The company's journey to bolster investor confidence may extend over a period, impacted by a reduced market valuation.
Here are the latest investment ratings and price targets for $Constellation Brands (STZ.US)$ from 8 analysts:
Note:
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