Constellation Brands Announces Accelerated Stock Buyback

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RBC Capital Reiterates Outperform Rating on Constellation Brands (STZ)

July 1, 2021 6:29 AM EDT

RBC Capital analyst Nik Modi reiterated an Outperform rating and $300.00 price target on Constellation Brands (NYSE: STZ). Beer shipments were weak due to one-off supply chain constraints, but consumer demand remains robust.

Reiterated FY'22 beer net sales guidance should provide comfort that... More