Citi raised the firm’s price target on Constellation Brands (STZ) to $174 from $170 and keeps a Neutral rating on the shares. Constellation posted “a soft start” to FY26, but reiterated its FY26 guidance, which drove a positive stock reaction given negative positioning and several investors having expected a cut, the analyst says. Despite easier comps in July and August, the firm believes a return to growth “looks challenging given weakness in the category,” the analyst added.
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