Roth MKM Reaffirms Their Buy Rating on Constellation Brands (STZ)
In a report released today, Bill Kirk from Roth MKM reiterated a Buy rating on Constellation Brands, with a price target of $209.00.
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Kirk covers the Consumer Defensive sector, focusing on stocks such as United Natural Foods, Grocery Outlet Holding, and Albertsons Companies. According to TipRanks, Kirk has an average return of -8.6% and a 38.44% success rate on recommended stocks.
In addition to Roth MKM, Constellation Brands also received a Buy from Wells Fargo’s Christopher Carey in a report issued today. However, on the same day, Piper Sandler maintained a Hold 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
Read More on STZ:
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- Constellation Brands price target raised to $165 from $160 at Wells Fargo
- Constellation Brands: Inventory Risks, Margin Pressures, and Still-Rich Valuation Support Continued Sell Rating
- Closing Bell Movers: Defense stocks surge on Trump military budget comments
- STZ Earnings: Constellation Brands’ Financial Results Top Wall Street Estimates
- Constellation Brands Posts Q3 Declines, Maintains Dividend Payout
