Roth MKM Maintains Buy on Constellation Brands, Lowers Price Target to $298
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Bill Kirk maintains a Buy rating on Constellation Brands (NYSE:STZ) but lowers the price target from $303 to $298.
September 04, 2024 | 12:52 pm
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Roth MKM analyst Bill Kirk maintains a Buy rating on Constellation Brands but lowers the price target from $303 to $298, indicating a slight adjustment in expected valuation.
The analyst's decision to maintain a Buy rating suggests continued confidence in Constellation Brands' performance. However, the slight reduction in the price target from $303 to $298 indicates a minor adjustment in expected valuation, which may not significantly impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100