Constellation Brands (STZ) October 4 weekly 257.50 straddle into quarter results

Go back to Constellation Brands (STZ) October 4 weekly 257.50 straddle into quarter results

Constellation Brands (STZ) PT Lowered to $300 at Barclays

October 4, 2024 12:17 PM EDT

Barclays analyst Lauren Lieberman lowered the price target on Constellation Brands (NYSE: STZ) to $300.00 (from $309.00) while maintaining a Overweight rating.

The analyst comments "Simply put, there was little to change our big picture view of STZ from yesterday's release. In fact,... More

Constellation Brands (STZ) PT Lowered to $255 at Truist Securities

October 4, 2024 5:57 AM EDT

Truist Securities analyst Bill Chappell lowered the price target on Constellation Brands (NYSE: STZ) to $255.00 (from $265.00) while maintaining a Hold rating.

The analyst comments "This is a follow up to our note this morning (see note here). We are lowering our FY25... More

Roth/MKM Reiterates Buy Rating on Constellation Brands (STZ)

October 4, 2024 5:42 AM EDT

Roth/MKM analyst Bill Kirk reiterated a Buy rating and $298.00 price target on Constellation Brands (NYSE: STZ).

The analyst comments "Constellation Brands Beer depletions should reaccelerate in 2H, and shipments will be strong enough to deliver on FY'25 guidance: 1) trends have already... More

Constellation Brands (STZ) PT Lowered to $300 at Evercore ISI

October 4, 2024 5:40 AM EDT

Evercore ISI analyst Robert Ottenstein lowered the price target on Constellation Brands (NYSE: STZ) to $300.00 (from $310.00) while maintaining a Outperform rating.

The analyst comments "Lowering price target to $300. Target is based upon ~20.0x blended multiple on C2025 EPS, assuming ~21.5x for Beer... More

Truist Securities Reiterates Hold Rating on Constellation Brands (STZ)

October 3, 2024 9:47 AM EDT

Truist Securities analyst Bill Chappell reiterated a Hold rating and $265.00 price target on Constellation Brands (NYSE: STZ).

The analyst comments "F2Q25 Top Line Miss, Bottom Line Beat: For F2Q25, STZ reported net sales of $2.919B (+3.0% YoY), below our estimate of $3.036B (+7.0% YoY) and the consensus... More

Goldman Sachs Reiterates Buy Rating on Constellation Brands (STZ)

October 3, 2024 9:44 AM 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 - STZ reported a better than expected FQ2 EPS of $4.32 that handily beat our/consensus estimates of $4.15/$4.08. The beat was driven by beer... More

Evercore ISI Reiterates Outperform Rating on Constellation Brands (STZ)

October 3, 2024 9:29 AM EDT

Evercore ISI analyst Robert Ottenstein reiterated an Outperform rating and $310.00 price target on Constellation Brands (NYSE: STZ).

The analyst comments "STZ reported a mixed F2Q25 (ended August 31st), with beer depletions +2.4% vs. +3.8% Street; We believe buyside was expecting ~3-3.5%. Note, results... More

JPMorgan Reiterates Overweight Rating on Constellation Brands (STZ)

October 3, 2024 8:33 AM EDT

JPMorgan analyst Andrea Teixeira reiterated an Overweight rating and $307.00 price target on Constellation Brands (NYSE: STZ).

The analyst comments "Constellation Brands (STZ, Overweight rated) reported F2Q25 EPS of $4.32, which came in +7%/+6% ahead of JPMe/consensus $4.03/$4.07. Upside vs. our forecast was driven by stronger-than-expected margin performance including on gross margins (+$0.14 v.s JPMe) and... More

Barclays Reiterates Overweight Rating on Constellation Brands (STZ)

October 3, 2024 8:29 AM EDT

Barclays analyst Lauren Lieberman reiterated an Overweight rating and $309.00 price target on Constellation Brands (NYSE: STZ)

The analyst comments "Weve discussed the evolution of the STZ investment case from being solely top-line driven to one that is more balanced, with attention paid... More

Citi Reiterates Buy Rating on Constellation Brands (STZ)

October 3, 2024 8:29 AM EDT

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

The analyst comments "STZ reported fiscal F2Q25 comparable EPS of $4.32, above consensus $4.08 / Citis $4.07. Relative to our forecasts, the EPS beat was driven by stronger beer topline growth on... More