Constellation Brands (STZ) experiences a tumultuous period in the market, with an overall downgrading of their share price target; dropping from $200 to $180 at TD Cowen, further lowered to $225 at Evercore ISI and to as low as $289 from $293 at RBC Capital. This comes along with
Citi neutralizing its stance on the company's stocks and a broader bearish market sentiment predominating the retail scene. STZ seems to mirror the current downturn in Wall Street and might be the most oversold S&P 500 stock in 2024.
Warren Buffet’s recent investment surge in STZ provides a slight positive impact but fails to offset the pervasive negative sentiment. It is noteworthy that the company is grappling with a serious securities fraud lawsuit, thus risking large losses for its investors. Amidst these challenges,
Constellation Brands released its Q3 2025 earnings, but revenues fell short of estimates leading to subsequent share drops. Despite these setbacks, the company declared a quarterly dividend payable February 2025. Long-term value for STZ might still persist considering the rather supportive market reviews.
Constellation Brands STZ News Analytics from Thu, 31 Oct 2024 07:00:00 GMT to Sat, 22 Mar 2025 13:45:10 GMT -
Rating -7
- Innovation -6
- Information -3
- Rumor -3
