UBS Maintains Buy on Constellation Brands, Lowers Price Target to $315
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Peter Grom maintains a Buy rating on Constellation Brands (NYSE:STZ) but lowers the price target from $320 to $315.

June 20, 2024 | 4:40 pm
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NEUTRAL IMPACT
UBS analyst Peter Grom maintains a Buy rating on Constellation Brands but lowers the price target from $320 to $315.
The maintained Buy rating suggests continued confidence in Constellation Brands' performance, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100