HSBC Upgrades Constellation Brands (STZ) to Neutral

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Constellation (STZ) Poised to Deliver Earnings Growth - UBS

October 8, 2012 12:40 PM EDT

UBS reiterated a Buy on Constellation Brands (NYSE: STZ) and raised their price target to $42.00 (from $40.00).

"STZ's valuation was previously limited by uncertainly of Crowns future and volatility in the wine business. Given the impending purchase of the remainder of the... More