Constellation Brands (STZ) PT Lowered to $307 at JPMorgan

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Constellation Brands (STZ) PT Lowered to $298 at Roth/MKM

September 4, 2024 5:20 AM EDT

Roth/MKM analyst Bill Kirk lowered the price target on Constellation Brands (NYSE: STZ) to $298.00 (from $303.00) while maintaining a Buy rating.

The analyst comments "Yesterday, Constellation gave updated guidance ahead of an industry conference and gave details on its revised outlook for its... More

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

September 4, 2024 5:19 AM EDT

Jefferies analyst Kaumil Gajrawala lowered the price target on Constellation Brands (NYSE: STZ) to $310.00 (from $311.00) while maintaining a Buy rating.

The analyst comments "Constellation's guidance update was a kitchen sink. Beer sales expectations were lowered on tough macro/Hispanic weakness, though cost savings... More

Constellation Brands (STZ) PT Lowered to $256 at Deutsche Bank

September 3, 2024 4:33 PM EDT

Deutsche Bank analyst Steve Powers lowered the price target on Constellation Brands (NYSE: STZ) to $256.00 (from $259.00) while maintaining a Hold rating.

The analyst comments ""Earlier today, STZ issued a press release in which it updated its FY25 outlook lowering top-line forecasts for both Beer and Wine & Spirits, while raising the low end of total company EPS guidance on the basis of accelerated productivity in Beer (alongside lower net interest expense assumptions).1... More

Goldman Sachs Reiterates Buy Rating on Constellation Brands (STZ)

September 3, 2024 3:58 PM EDT

Goldman Sachs analyst Bonnie Herzog reiterated a Buy rating and $300.00 price target on Constellation Brands (NYSE: STZ)

The analyst comments "Our View - We reiterate our Buy rating on STZ following updated FY25 guidance issued today ahead of an industry conference reflecting puts/takes in beer that reinforce our bullish overall view on STZ, as well... More

Citi Reiterates Buy Rating on Constellation Brands (STZ)

September 3, 2024 10:46 AM EDT

Citi analyst Filippo Falorni reiterated a Buy rating and $305.00 price target on Constellation Brands (NYSE: STZ).

The analyst comments "This morning STZ updated its FY25 guidance, including for the beer business where STZ now expects lower topline growth but also stronger operating income... More

Constellation Brands (STZ) cuts annual forecast for earnings, sales growth

September 3, 2024 9:43 AM EDT

Constellation Brands (NYSE: STZ) on Tuesday revised its fiscal 2025 forecast for comparable earnings per share (EPS). The companys shares initially fell in Tuesday's premarket trading but recovered those losses after the opening bell.

The company now expects full-year EPS in the range of $13.60 to $13.80, compared to the previous estimate of $13.50 to $13.80 and analyst estimates of... More

Constellation Brands (STZ) Updates 2025 Outlook

September 3, 2024 9:01 AM EDT

Constellation Brands, Inc. (NYSE: STZ) announced today updates to management's current financial outlook for fiscal 2025.

Updated
Outlook... More