Constellation Brands (STZ) PT Raised to $255 at Morgan Stanley Following 2Q

Go back to Constellation Brands (STZ) PT Raised to $255 at Morgan Stanley Following 2Q

Constellation Brands (STZ) PT Raised to $300 at Pivotal Research After 'Beautiful Quarter'

October 5, 2018 1:46 PM EDT

Pivotal Research analyst Timothy Ramey raised the price target on Constellation Brands (NYSE: STZ) to $300.00 (from $265.00) while maintaining a Buy rating.

Ramey declares "this was a beautiful quarter."

",,, the guidance boost is a clear signal that core STZ is on an... More

Barclays Remains Bullish on Constellation Brands (STZ)

October 5, 2018 7:27 AM EDT

Barclays analyst, Lauren Lieberman, reiterated an Overweight rating and $257.00 price target on Constellation Brands (NYSE: STZ). Lieberman says that STZ continues to be the rare example of a company thats delivering top & bottom line growth while investing for the future.... More

Constellation Brands (STZ) PT Raised to $275 at Wells Fargo

October 5, 2018 7:15 AM EDT

Wells Fargo analyst Bonnie Herzog raised the price target on Constellation Brands (NYSE: STZ) to $275.00 (from $270.00) while maintaining a Outperform rating.

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Constellation Brands (STZ) PT Raised to $245 at Macquarie

October 5, 2018 6:58 AM EDT

Macquarie analyst Carline Levy raised the price target on Constellation Brands (NYSE: STZ) to $245.00 (from $233.00) while maintaining a Outperform rating.

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Constellation Brands (STZ) PT Raised to $174 at Susquehanna

October 4, 2018 2:06 PM EDT

Susquehanna analyst Pablo Zuanic raised the price target on Constellation Brands (NYSE: STZ) to $174.00 (from $165.00) while maintaining a Negative rating.

The firm's new FY19 comparable EPS is $9.50 vs. $9.02 before (new guidance $9.60-9.75).

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Canopy Growth (CGC) Active as Constellation Brands (STZ) Discusses on Call

October 4, 2018 10:48 AM EDT

Canopy Growth (NYSE: CGC) active with Constellation Brands (NYSE: STZ) discussing it on its call. Says it has the largest legal cannabis footprint and the cannabis market is opening up faster than expected. Says Canopy will build, acquire global assets.

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Pre-Open Movers 10/04: (BKS) (CLDR) (HDP) Higher; (RTEC) (WLDN) (SNAP) Lower (more...)

October 4, 2018 9:30 AM EDT

Today's Pre-Open Stock Movers

Barnes & Noble, Inc. (NYSE: BKS) 22.7% HIGHER; announced that its Board of Directors has decided to enter into a formal review process to evaluate strategic alternatives for the Company. This decision follows expressions of interest from multiple parties in making an offer to acquire the Company, including from the Companys Chairman, Leonard Riggio.

Cloudera, Inc.(NYSE: CLDR) 15.6% HIGHER; Cloudera, Inc.(NYSE: CLDR) and Hortonworks, Inc.... More

Wall Street stumbles as bond yield climb continues

October 4, 2018 9:04 AM EDT

By Chuck Mikolajczak

NEW YORK (Reuters) - Wall Street stocks stumbled on Thursday as U.S. Treasury yields continued their ascent to multi-year highs on the latest round of strong economic data, building concerns for an acceleration of inflation.

The Dow suffered its first decline in six sessions, while both the S&P and Nasdaq had their worst day since June 25.

The yield on the benchmark 10-year Treasury note climbed to a seven-year high of 3.232 percent, marking its largest daily jump since the 2016 U.S. presidential election. Data on jobless claims and... More

Constellation Brands (STZ) Tops Q2 EPS by 27c, Revenues Beat; Boosts FY19 EPS Above Consensus

October 4, 2018 7:34 AM EDT

Constellation Brands (NYSE: STZ) reported Q2 EPS of $2.87, $0.27 better than the analyst estimate of $2.60. Revenue for the quarter came in at $2.3 billion versus the consensus estimate of $2.25 billion.

HIGHLIGHTS

Increases fiscal 2019 reported basis EPS outlook to $14.10 - $14.25 and comparable basis EPS outlook... More

Constellation Brands (STZ) puts more active than call into Q2

October 3, 2018 10:17 AM EDT

Constellation Brands (NYSE: STZ) October weekly call option implied volatility is at 65, October is at 29, November is at 22; compared to its 52-week range of 15 to 37 into the expected release of Q2 results on October 4. October 212.50 straddle priced for a move of 4.5%. Call... More

Constellation Brands (STZ) weekly option implied volatility elevated into Q2

October 3, 2018 5:09 AM EDT

Constellation Brands (NYSE: STZ) October weekly call option implied volatility is at 58, October is at 29, November is at 22; compared to its 52-week range of 15 to 37 into the expected release of Q2 results on October 4. Call put ratio 1.4 calls to 1 put with focus on October weekly 215 calls.

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