Bernstein lowered the firm’s price target on Constellation Brands (STZ) to $300 from $315 and keeps an Outperform rating on the shares after the company reported Q3, with the stock ending Friday down 17%. The firm believes the share price reaction is overdone.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on STZ:
- Constellation Brands price target lowered to $220 from $280 at Morgan Stanley
- Constellation Brands downgraded to Hold from Buy at Jefferies
- Constellation Brands downgraded to Neutral from Overweight at JPMorgan
- VOO ETF News, 1/13/2025
- Constellation Brands price target lowered to $260 from $305 at Citi