RBC Capital Reiterates Outperform on Constellation Brands, Maintains $295 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Nik Modi reiterates an Outperform rating on Constellation Brands (NYSE:STZ) and maintains a $295 price target.
February 12, 2024 | 4:04 pm
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RBC Capital maintains an Outperform rating on Constellation Brands with a $295 price target.
The reaffirmation of an Outperform rating and a high price target by a reputable analyst like Nik Modi from RBC Capital is likely to instill confidence among investors about Constellation Brands' future prospects. This could lead to a positive short-term impact on the stock's price as market participants react to the analyst's optimistic outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100