BMO Capital Keeps Their Buy Rating on Constellation Brands (STZ)
In a report released today, Andrew Strelzik from BMO Capital reiterated a Buy rating on Constellation Brands, with a price target of $190.00.
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According to TipRanks, Strelzik is a 4-star analyst with an average return of 4.5% and a 55.42% success rate. Strelzik covers the Consumer Cyclical sector, focusing on stocks such as Darden Restaurants, Yum! Brands, and Wendy’s.
In addition to BMO Capital, Constellation Brands also received a Buy from RBC Capital’s Nik Modi in a report issued today. However, on the same day, TipRanks – Anthropic reiterated a Hold rating on Constellation Brands (NYSE: STZ).
Based on Constellation Brands’ latest earnings release for the quarter ending February 28, the company reported a quarterly revenue of $1.92 billion and a net profit of $477.7 million. In comparison, last year the company earned a revenue of $2.16 billion and had a GAAP net loss of $375.3 million
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