Constellation Brands (STZ) Tops Q2 EPS Views; Boosts FY15 EPS Outlook

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Cowen Raises Price target on Constellation Brands (STZ) Following 2Q16 Results

October 7, 2015 4:43 PM EDT

Cowen maintained a Market Perform rating on Constellation Brands (NYSE: STZ), and raised the price target to $135.00 (from $132.00), following the company's 2Q16 earnings results. STZ posted an EPS beat of $0.24. While management raised their outlook for profit growth for the beer segment, they maintained... More