BMO Capital lowered the firm’s price target on Constellation Brands (STZ) to $215 from $260 and keeps an Outperform rating on the shares. The company’s Q4 EPS exceeded consensus as softer Beer sales were more than offset by better Beer margins, stronger Wine performance, and lower corporate expense, interest, and taxes, the analyst tells investors in a research note. Reflecting challenged consumer environment and tariff impacts however, Constellation provided below-consensus FY26 EPS guidance and lowered its medium term growth outlook, BMO added.
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Read More on STZ:
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