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Needham Reaffirms Their Buy Rating on Constellation Brands (STZ)

Tipranks - Fri Jul 3, 7:18AM CDT

In a report released today, Gerald Pascarelli from Needham reiterated a Buy rating on Constellation Brands, with a price target of $185.00.

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According to TipRanks, Pascarelli is an analyst with an average return of -5.6% and a 34.31% success rate. Pascarelli covers the Consumer Defensive sector, focusing on stocks such as Constellation Brands, Turning Point Brands, and Philip Morris.

In addition to Needham, Constellation Brands also received a Buy from Bernstein’s Nadine Sarwat in a report issued today. However, on the same day, Barclays reiterated a Hold rating on Constellation Brands (NYSE: STZ).

Based on Constellation Brands’ latest earnings release for the quarter ending May 31, the company reported a quarterly revenue of $2.43 billion and a net profit of $653.8 million. In comparison, last year the company earned a revenue of $2.51 billion and had a net profit of $516.1 million

Based on the recent corporate insider activity of 24 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of STZ in relation to earlier this year. Most recently, in May 2026, James O. Bourdeau, the EVP and Senior Advisor of STZ sold 4,407.00 shares for a total of $631,258.68.

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