Constellation Brands (STZ) Named Best 2022 Idea at Cowen

Cowen analyst Vivien Azer reiterated an Outperform rating and $275.00 price target on Constellation Brands (NYSE: STZ) and named the stock a Best Idea for 2022.

The analyst commented, "STZ is our Best Idea headed into 2022. With shares currently trading at a HSD discount to the S&P 500, we believe this offers an attractive entry point for investors looking for a defensible stock, that provides exposure to a best in class beer business, a leaner wine & spirits portfolio and a renewed focus on cash returns to shareholders. STZ is now our overall Top Pick."

For an analyst ratings summary and ratings history on Constellation Brands click here. For more ratings news on Constellation Brands click here.

Shares of Constellation Brands closed at $233.83 yesterday.

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