Truist Securities Maintains Hold on Constellation Brands, Lowers Price Target to $255
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on Constellation Brands (NYSE:STZ) while lowering the price target from $265 to $255.
October 04, 2024 | 12:12 pm
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Truist Securities has maintained a Hold rating on Constellation Brands and lowered the price target from $265 to $255, indicating a cautious outlook.
The lowering of the price target by Truist Securities suggests a less optimistic view on Constellation Brands' future performance, which could lead to a short-term negative impact on the stock price. The Hold rating indicates that the stock is expected to perform in line with the market.
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IMPORTANCE 80
RELEVANCE 100