Cowen analyst Vivien Azer downgraded Constellation Brands to Market Perform from Outperform with a price target of $200, down from $275.
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Published first on TheFly
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Read More on STZ:
- Constellation Brands CEO: We’re radically undervalued at this price point
- Constellation sees pricing actions in beer business to be ‘more muted’ in FY24
- STZ Tanks Post Q3 Numbers
- Constellation Brands sees FY23 comparable EPS $11.00-$11.20
- Constellation Brands reports Q3 comparable EPS $2.83, consensus $2.89