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Constellation Brands (STZ) Receives a Hold from Morgan Stanley

Tipranks - Fri Apr 10, 6:12AM CDT

In a report released today, Dara Mohsenian from Morgan Stanley maintained a Hold rating on Constellation Brands, with a price target of $160.00.

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According to TipRanks, Mohsenian is a 5-star analyst with an average return of 7.4% and a 62.14% success rate. Mohsenian covers the Consumer Defensive sector, focusing on stocks such as Monster Beverage, Clorox, and Coca-Cola.

In addition to Morgan Stanley, Constellation Brands also received a Hold from TipRanks – xAI’s xAi Beverages – Wineries and Distilleries in a report issued today. However, on the same day, Needham reiterated a Buy rating on Constellation Brands (NYSE: STZ).

Based on Constellation Brands’ latest earnings release for the quarter ending November 30, the company reported a quarterly revenue of $2.22 billion and a net profit of $502.8 million. In comparison, last year the company earned a revenue of $2.46 billion and had a net profit of $615.9 million

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