Constellation Brands (STZ) Upgraded by TD Cowen to Buy, Price Target $190
Published on · Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowTD Cowen upgraded Constellation Brands (STZ) from Hold to Buy, increasing the price target to $190 from $142. Despite shares declining by about 1% early in trading, the company’s beer guidance for fiscal 2027 includes a conservative estimate of -1% to +1% net sales growth. Year-to-date, STZ shares are up about 21%, following a 9% surge after the April 8 earnings release. The upgrade reflects expectations of improved performance driven by emerging brands and potential boosts from the upcoming World Cup.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
About Constellation Brands Inc. (STZ)
Constellation Brands is a producer of beer, wine, and spirits, including the U.S. rights to Modelo and Corona.
The Consumer Staples sector covers food, beverage and household-goods companies that tend to hold up in any economy.
Earlier STZ news
- Constellation Brands (STZ) Leads Premarket Stocks Ahead of Earnings
- Constellation Brands (STZ) Withdraws 2028 Guidance Amid Demand Concerns
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