Constellation Brands (STZ) Stock Target Lowered Amid Hispanic Consumer Weakness
Constellation Brands, Inc. (NYSE:STZ) ranks among the most active stocks to buy according to Wall Street analysts. On September 3, Jefferies decreased Constellation Brands, Inc. (NYSE:STZ)’s price target to 205, keeping a Buy rating on the company’s shares. The decrease comes after Jefferies cited ongoing issues in the Hispanic consumer category that have become more substantial than expected. Antonio Gravante / Shutterstock.com Jefferies pointed out that the beer picture has worsened, result ...