JP Morgan Maintains Overweight on Constellation Brands, Lowers Price Target to $291
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Andrea Teixeira maintains an Overweight rating on Constellation Brands (NYSE:STZ) but lowers the price target from $296 to $291.
June 20, 2024 | 1:09 pm
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JP Morgan analyst Andrea Teixeira maintains an Overweight rating on Constellation Brands (NYSE:STZ) but lowers the price target from $296 to $291.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100