HSBC Maintains Buy on Constellation Brands, Raises Price Target to $290
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Carlos Laboy maintains a 'Buy' rating on Constellation Brands (NYSE:STZ) and raises the price target from $280 to $290.
October 06, 2023 | 11:03 am
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POSITIVE IMPACT
HSBC maintains a 'Buy' rating on Constellation Brands and raises the price target to $290, which could potentially increase investor confidence and drive the stock price up in the short term.
The raised price target by HSBC indicates a positive outlook for Constellation Brands. This could potentially attract more investors, increasing demand for the stock and driving its price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100