Deutsche Bank Maintains Hold on Constellation Brands, Raises Price Target to $241
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Steve Powers has maintained a 'Hold' rating on Constellation Brands (NYSE:STZ) and raised the price target from $234 to $241.
July 19, 2023 | 7:38 pm
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Deutsche Bank has maintained a 'Hold' rating on Constellation Brands and raised the price target from $234 to $241.
The news is directly related to Constellation Brands (STZ). Deutsche Bank's decision to maintain a 'Hold' rating indicates a neutral stance, suggesting that the stock is fairly valued at current levels. The increase in price target from $234 to $241 could suggest a potential upside, but as the rating is 'Hold', it is not expected to have a significant impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100