tiprankstipranks

Constellation Brands price target lowered to $203 from $205 at Barclays

Constellation Brands price target lowered to $203 from $205 at Barclays

Barclays analyst Lauren Lieberman lowered the firm’s price target on Constellation Brands (STZ) to $203 from $205 and keeps an Overweight rating on the shares. Ahead of Q1 earnings, the firm revisited estimates across beverages and consumer products to account for slower consumer demand in the U.S. among other headwinds.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue