Morgan Stanley Maintains Overweight on Constellation Brands, Raises Price Target to $305
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Dara Mohsenian has maintained an Overweight rating on Constellation Brands (NYSE:STZ) and raised the price target from $290 to $305.
July 24, 2023 | 1:13 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Morgan Stanley has maintained an Overweight rating on Constellation Brands and raised the price target from $290 to $305, which could lead to a positive market reaction.
The Overweight rating maintained by Morgan Stanley indicates a positive outlook for Constellation Brands. The increase in the price target from $290 to $305 suggests that the analyst sees further upside potential for the stock. This could lead to a positive market reaction in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100