Constellation Brands (STZ) PT Raised to $176 at UBS Following 4Q

Constellation Brands (STZ): Spirits Turnaround Continues - Cowen

Cowen analyst, Vivien Azer, reiterated her Outperform rating on shares of Constellation Brands (NYSE: STZ) and raised her price target to $205 afte the company beat earnings expectations and offered strong FY18 guidance despite recent softness in total alcohol in the U.S..... More

Constellation Brands (STZ) PT Raised to $201 at Stifel Following Strong 4Q Results & '18 Guidance Above the Street

Stifel raised its price target on Constellation Brands (NYSE: STZ) to $201.00 (from $189.00) while maintaining a Buy rating, as the company reported fourth quarter results yesterday.

Analyst Mark Swartzberg notes the company may be in position to increase margins and accelerate cash returns, as... More

Constellation Brands (STZ) PT Raised to $205 at RBC Capital on Strong 4Q Results & Positive 2018 Guidance

RBC Capital raised its price target on Constellation Brands (NYSE: STZ) to $205.00 (from $183.00) while maintaining a Outperform rating as the company reported fourth quarter results yesterday.

Analyst Nik Modi suggests the company has recovered from the initial uncertainty caused the surprising Trump... More

Constellation Brands (STZ) PT Raised to $220 at Pivotal Research Following Strong 4Q

Pivotal Research raised its price target on Constellation Brands (NYSE: STZ) to $220.00 (from $200.00) while maintaining a Buy rating following the company's 4Q earnings report. STZ reported adjusted EPS of $1.48, well ahead of the Street's consensus of $1.36. Sales rose 5.5% to $1.628 billion vs. Street consensus of $1.59... More

Constellation Brands (STZ) Raises Quarterly Dividend 30% to $0.52; 1.2% Yield

In addition to earnings this morning, Constellation Brands (NYSE: STZ) declared a quarterly dividend of $0.52 per share, or $2.08 annualized. This is a 30% increase from the prior dividend of $0.40.

The dividend will be payable on May 24, 2017, to stockholders of record on May 10, 2017, with an... More

Constellation Brands (STZ) Surges Over 7% Following Strong Results and Outlook

Constellation Brands (NYSE: STZ) adds to early gains following strong earnings and guidance this morning. In addition, the company raised its dividend. Shares are up 7.3% on volume that is running 20x the norm.

STZ reported Q4 EPS of $1.48, $0.12 better than the analyst... More

Pre-Open Movers 04/06: (SCON) (YUMC) (JAZZ) Higher; (SYNC) (CAFD) (AMD) Lower (more...)

Today's Pre-Open Movers

Superconductor Technologies (NASDAQ: SCON) 24% HIGHER; Rodman & Renshaw upgraded from Neutral to Buy with a price target of $3.00.

Synacor, Inc. (Nasdaq: SYNC)... More

Constellation Brands (STZ) Tops Q4 EPS by 12c; Guides Above Views

Constellation Brands (NYSE: STZ) reported Q4 EPS of $1.48, $0.12 better than the analyst estimate of $1.36. Revenue for the quarter came in at $1.63 billion versus the consensus estimate of $1.59 billion.

For the quarter, the company generated consolidated net sales growth of five percent. This reflects organic net sales growth on a constant currency basis of seven percent.

Net sales for beer increased 11 percent. This was due to a 10 percent increase in organic net sales driven primarily by volume growth and favorable... More