JPMorgan lowered the firm’s price target on Constellation Brands (STZ) to $170 from $194 and keeps a Neutral rating on the shares. The firm reduced estimates as part of a fiscal Q1 earnings preview.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on STZ:
- Constellation Brands price target lowered to $202 from $207 at Barclays
- Constellation Brands Stock (STZ) Not So Merry on Weaker Beer Sales, Say Analysts
- Constellation Brands price target lowered to $195 from $215 at Needham
- Long-Term Growth Potential for Constellation Brands Despite Short-Term Challenges
- Constellation Brands price target lowered to $195 from $205 at UBS