Constellation Brands (STZ) Tops Q4 EPS by 27c, Offer Outlook

Go back to Constellation Brands (STZ) Tops Q4 EPS by 27c, Offer Outlook

Constellation Brands (STZ) PT Lowered to $290 at Jefferies

April 9, 2021 8:03 AM EDT

Jefferies analyst Kevin Grundy lowered the price target on Constellation Brands (NYSE: STZ) to $290.00 (from $300.00) while maintaining a Buy rating.

The analyst commented, "We maintain our Buy rating, though trim our F22-24 EPS ests. ~6% post STZ's 4Q report and initial FY22 guidance. Transitory cost... More