Barclays raised the firm’s price target on Constellation Brands (STZ) to $207 from $203 and keeps an Overweight rating on the shares. The company reiterated medium term beer division profitability and announced incremental cash returns, despite lower growth expectations and tariff headwinds, the analyst tells investors in a research note.
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Read More on STZ:
- Constellation Brands price target lowered to $195 from $205 at BofA
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- Constellation Brands price target lowered to $196 from $201 at Jefferies
- Constellation Brands price target lowered to $215 from $260 at BMO Capital
- Constellation Brands price target lowered to $195 from $202 at Morgan Stanley
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