Constellation Brands (STZ) Stock Price: $305 Target And Buy Rating

By Amit Chowdhry ● Jun 13, 2022
  • The shares of Constellation Brands (NYSE: STZ) have received a $305 price target from Jefferies. These are the details.

The shares of Constellation Brands (NYSE: STZ) have received a $305 price target from Jefferies. And Jefferies analyst Kevin Grundy is maintaining a “Buy” rating on the shares.

Grundy adjusted the rating while noting that the recently released import data from the Beer Institute showed volumes for Mexican beer imports in the U.S. grew more than 23.8% year-over-year in March and 10.6% year-over-year in April. This is supportive of his positive view on the company. 

Plus Grundy identifies Constellation as his favored large-cap growth idea.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.