Roth MKM Maintains Buy on Constellation Brands, Raises Price Target to $284
Portfolio Pulse from richadhand@benzinga.com
Roth MKM analyst Bill Kirk maintains a 'Buy' rating on Constellation Brands (NYSE:STZ) and raises the price target from $270 to $284.
July 03, 2023 | 1:13 pm
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Constellation Brands' price target has been raised from $270 to $284 by Roth MKM, maintaining a 'Buy' rating.
The news of a price target increase and maintained 'Buy' rating by a reputable analyst is likely to have a positive impact on the stock price of Constellation Brands in the short term. Investors often follow analyst recommendations, which can drive buying pressure and increase the stock price.
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IMPORTANCE 80
RELEVANCE 100