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.

March 07, 2024 | 2:04 pm
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POSITIVE IMPACT
RBC Capital maintains an Outperform rating on Constellation Brands with a $295 price target.
The reiteration 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 the future prospects of Constellation Brands. This could lead to a positive short-term impact on the stock price as market participants react to the analyst's endorsement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100