Constellation Brands (STZ) volatility increases into Q2 and outlook

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Go back to Constellation Brands (STZ) volatility increases into Q2 and outlook

UBS Remains Sidelined on Constellation Brands (STZ) Following 2Q - PT to $182

October 6, 2016 7:42 AM EDT

UBS reiterated a Neutral rating on Constellation Brands (NYSE: STZ), and raised the price target to $182.00 (from $173.00), following the company's 2Q earnings report.

Analyst Stephen Powers commented, "Constellation reported Q2 EPS of $1.77 (vs. UBSe/cons. of $1.68/$1.65) alongside all-in sales growth of +16.6% (vs. UBSe/cons. of... More