Constellation Brands Price Target Slashed by 20% Amidst Beer Industry Uncertainty
Constellation Brands (NYSE:STZ) recently saw its price target decreased by analysts at JPMorgan Chase & Co. from $165.00 to $133.00 in a report released on Friday.
The firm currently has a 'neutral' rating on the stock, and the new price target indicates a potential upside of 16.74% from the stock's current price of $113.93.
Twelve investment analysts have rated STZ with a Buy rating, nine have given a Hold rating, and two have issued a Sell rating to the stock.