UBS Maintains Buy on Constellation Brands, Lowers Price Target to $295
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 $295.
September 09, 2024 | 2:25 pm
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UBS analyst Peter Grom continues to recommend buying Constellation Brands but has reduced the price target from $320 to $295, indicating a more cautious outlook.
The maintained Buy rating suggests continued confidence in Constellation Brands' performance, but the lowered price target reflects a more cautious outlook, possibly due to market conditions or company-specific factors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100