Constellation Brands (STZ) Tops Q3 EPS by 36c

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Constellation Brands (STZ) PT Lowered to $310 at Jefferies

January 7, 2022 8:18 AM EST

Jefferies analyst Kevin Grundy lowered the price target on Constellation Brands (NYSE: STZ) to $310.00 (from $316.00) while maintaining a Buy rating.

The analyst commented, "We trim our FY23-24 EPS ests. (input costs, D&A), but remain bullish post STZ's strong 3Q / raised... More