RBC Capital Reiterates Outperform on Constellation Brands, Maintains $295 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Nik Modi has reiterated an Outperform rating on Constellation Brands (NYSE:STZ) and maintained a price target of $295. This reaffirmation of the stock's potential indicates a positive outlook on its future performance.
February 09, 2024 | 3:49 pm
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RBC Capital analyst Nik Modi reiterates an Outperform rating on Constellation Brands, with a maintained price target of $295, indicating a positive outlook on the stock's future performance.
The reiteration of an Outperform rating and the maintenance of a high price target by a reputable analyst like Nik Modi from RBC Capital suggests a strong confidence in the future performance of Constellation Brands. This is likely to instill positive sentiment among investors, potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100