Wells Fargo Maintains Overweight on Constellation Brands, Raises Price Target to $295
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Chris Carey has maintained an Overweight rating on Constellation Brands (NYSE:STZ) and increased the price target from $285 to $295.
March 11, 2024 | 11:28 am
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POSITIVE IMPACT
Constellation Brands' price target was raised from $285 to $295 by Wells Fargo, maintaining an Overweight rating.
The increase in price target by a reputable analyst like Chris Carey from Wells Fargo suggests a positive outlook on Constellation Brands' stock. This is likely to instill confidence in investors, potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100