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Confidence in Constellation Brands ahead of earnings

Published 03/27/2018, 09:38 AM
© Reuters.  Confidence in Constellation Brands ahead of earnings
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  • Wells Fargo (NYSE:WFC) thinks Constellation Brands (STZ) will top profit estimates when it reports FQ4 earnings on March 29.
  • Analyst Bonnie Herzog points to the "robust" beer depletions as well as strength with the Modelo and Corona brands.
  • WF has an Outperform rating and price target of $260 lined up on Constellation.
  • Last week, OTR Global lifted Constellation to a Positive rating from Mixed.
  • Now read: Heineken: A Solid Company And A Safe Buy


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