RBC Capital analyst Nik Modi keeps an Outperform rating and a $295 price target on Constellation Brands ahead of its Q4 results. The company is one of the "very few" volume growth stories across the coverage group, the analyst tells investors in a research note. RBC adds that it expects "solid" high-single-digit beer topline growth and 38% margins for Constellation Brands’ initial FY24 outlook.
Published first on TheFly
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