BMO Capital Maintains Outperform on Constellation Brands, Lowers Price Target to $305
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Andrew Strelzik maintains an Outperform rating on Constellation Brands (NYSE:STZ) but lowers the price target from $315 to $305.
October 15, 2024 | 1:50 pm
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BMO Capital has maintained its Outperform rating for Constellation Brands but has lowered the price target from $315 to $305, indicating a slightly less optimistic outlook.
The maintenance of the Outperform rating suggests continued confidence in Constellation Brands' performance, but the lowered price target indicates a slightly reduced expectation for its stock price. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100