Constellation Brands Prices Offering of Senior Notes

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Constellation Brands' (STZ) 'stubbornly high' packaging costs remain a concern

January 10, 2024 1:53 PM EST

Constellation Brands (NYSE: STZ) was cut to Hold from Buy at Argus on Wednesday, with the firm removing its price target for the beverage company.

Analysts at Argus believe that while Constellation Brands is likely to benefit from high single-digit growth in its beer business,... More