Constellation Brands Likely To Report Higher Q1 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Portfolio Pulse from Lisa Levin
Constellation Brands, Inc. (NYSE:STZ) is expected to report higher Q1 earnings at $2.83 per share, up from $2.66 per share a year ago. The company's revenue is projected to be $2.47 billion. The stock price rose 0.1% to close at $246.85 on Thursday and added 0.6% in pre-market trading. Analysts from Morgan Stanley, JP Morgan, Deutsche Bank, Goldman Sachs, and TD Cowen have recently updated their price targets for STZ.
June 30, 2023 | 8:58 am
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Constellation Brands is expected to report higher Q1 earnings. Analysts have updated their price targets, indicating potential stock price movement.
The expected increase in Q1 earnings and recent updates in price targets by analysts indicate potential positive movement in the stock price of Constellation Brands. The stock has already shown some increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100