Truist Securities Reiterates Hold on Constellation Brands, Maintains $260 Price Target
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Bill Chappell has reiterated a 'Hold' rating on Constellation Brands (NYSE:STZ) and maintained a price target of $260.
October 06, 2023 | 4:09 pm
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Constellation Brands' stock rating has been reiterated as 'Hold' by Truist Securities with a maintained price target of $260.
The reiteration of the 'Hold' rating and maintained price target by Truist Securities indicates that the analyst believes the stock is fairly valued at its current price. This is likely to have a neutral impact on the stock's price in the short term as it suggests no significant changes in the company's valuation.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100