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Benzinga
Benzinga
Business
Priya Nigam

Constellation Brands Analyst Turns Bearish As Market Conditions Worsen For Beer, Wine, Gen Z

Constellation Brands STZ BofA Securities Constellation Brands Inc Alcohol
Constellation Brands

Despite Constellation Brands Inc's (NYSE:STZ) stock shedding 26% year to date, there is further downside potential, according to BofA Securities.

The Constellation Brands Analyst: Analyst Peter Galbo downgraded the rating from Neutral to Underperform, while slashing the price target from $182 to $150.

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