Truist Securities Maintains Hold on Constellation Brands, Raises Price Target to $240
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Bill Chappell has maintained a 'Hold' rating on Constellation Brands (NYSE:STZ) and raised the price target from $220 to $240.
July 03, 2023 | 1:20 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Constellation Brands' price target has been raised from $220 to $240 by Truist Securities, while maintaining a 'Hold' rating.
The news is directly about Constellation Brands (STZ). The raised price target indicates a positive outlook, but the 'Hold' rating suggests that the stock is fairly valued at the moment, which might not trigger a significant price movement in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100