Barclays Maintains Overweight on Constellation Brands, Lowers Price Target to $275
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Lauren Lieberman maintains an Overweight rating on Constellation Brands (NYSE:STZ) but lowers the price target from $277 to $275.

July 05, 2023 | 12:43 pm
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Barclays maintains an Overweight rating on Constellation Brands but lowers the price target from $277 to $275.
The news is directly related to Constellation Brands (STZ). Barclays' decision to maintain an Overweight rating indicates a positive outlook for the company. However, the lowering of the price target from $277 to $275 might create a slight negative sentiment among investors, potentially impacting the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100