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
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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.
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IMPORTANCE 80
RELEVANCE 100