Barclays analyst Lauren Lieberman lowered the firm’s price target on Constellation Brands (STZ) to $202 from $207 and keeps an Overweight rating on the shares as part of a fiscal Q1 earnings preview. Constellation is “doing all the right things and yet the stock has little to show for it,” the analyst tells investors in a research note.
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 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
- Constellation Brands price target lowered to $196 from $210 at Wells Fargo