Goldman Raises Constellation (STZ) PT to $59 but Maintains Neutral Rating

April 16, 2013 12:55 PM EDT
Get Alerts STZ Hot Sheet
Price: $149.59 -0.59%

Rating Summary:
    15 Buy, 9 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 23 | Down: 34 | New: 34
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Goldman Sachs today maintained a Neutral rating on Constellation Brands (NYSE: STZ) and raised its price target to $59.00 (from $39.00). Analyst Judy E. Hong said she sees beer margin expansion driving strong EPS growth over the next few years, but noted that upside in the stock could be limited in the near-term due to low visibility.

For an analyst ratings summary and ratings history on Constellation Brands (NYSE: STZ) click here. For more ratings news on Constellation Brands click here.

Shares of Constellation Brands closed at $48.18 yesterday.

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