January 10, 2019

How Analysts See Constellation Brands

Constellation Brands issued a profit warning, which sent shares tumbling.  Here's how analysts are now rating the stock:

Here’s what analysts said following the report:
  • BMO Capital Markets has an Outperform rating with a $225 price target.
  • Wells Fargo has an Outperform rating but lowered its target to $235 from $260.
  • SunTrust reiterated a Hold rating.
  • Citigroup has a Neutral rating with a $168 price target.
  • Goldman Sachs upgraded it to Buy from Neutral with a $211 target.
  • Guggenheim upgraded it to a Neutral rating from Sell.
  • Pivotal Research reiterated a Buy rating but lowered its target to $265 from $300.
Shares of Constellation Brands were last seen up about 6% at $159.90, in a 52-week range of $150.37 to $236.62. The consensus analyst price target is $238.87.

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