Deutsche Bank Maintains Hold on Constellation Brands, Raises Price Target to $231
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Steve Powers maintains a Hold rating on Constellation Brands (NYSE:STZ) and raises the price target from $218 to $231.

June 14, 2023 | 3:20 pm
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Deutsche Bank maintains a Hold rating on Constellation Brands and raises the price target from $218 to $231.
The news of Deutsche Bank maintaining a Hold rating on Constellation Brands and raising the price target from $218 to $231 indicates that the analyst sees potential for the stock price to increase. However, the Hold rating suggests that the analyst does not expect significant short-term price movement. This news is directly related to STZ and is important for investors, but the impact on the stock price in the short term is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100