Constellation Brands (STZ) Gets a Hold from Jefferies
In a report released today, Kaumil Gajrawala from Jefferies maintained a Hold rating on Constellation Brands, with a price target of $158.00.
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Gajrawala covers the Consumer Defensive sector, focusing on stocks such as Coca-Cola, Simply Good Foods, and Constellation Brands. According to TipRanks, Gajrawala has an average return of 0.1% and a 51.16% success rate on recommended stocks.
In addition to Jefferies, Constellation Brands also received a Hold from Barclays’s Lauren Lieberman in a report issued today. However, on the same day, TD Cowen upgraded Constellation Brands (NYSE: STZ) to a Buy.
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 $201.8 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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Disclaimer & DisclosureReport an Issue
- Constellation Brands upgraded to Buy from Hold at TD Cowen
- Constellation Brands price target raised to $170 from $151 at Barclays
- Constellation Brands price target raised to $175 from $170 at Evercore ISI
- Constellation Brands price target raised to $155 from $154 at Deutsche Bank
- Constellation Brands price target raised to $185 from $180 at Needham
