Barclays Maintains Overweight on Constellation Brands, Lowers Price Target to $280
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Lauren Lieberman maintains an Overweight rating on Constellation Brands (NYSE:STZ) but lowers the price target from $294 to $280.

October 09, 2023 | 12:46 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Barclays maintains an Overweight rating on Constellation Brands but lowers the price target from $294 to $280.
The news is directly about Constellation Brands. While the Overweight rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook, which could potentially impact the stock's performance in the short term. However, the impact is not necessarily negative as the rating remains Overweight.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100