옵션 체인은 다양한 행사가격과 만기일에 대한 Constellation Brands의 주식 옵션 주요 데이터를 보여줍니다. 트레이더들은 이 정보를 사용하여 잠재적 거래를 분석하고 Constellation Brands에 대한 시장 심리를 평가합니다..

Constellation Brands (NYSE:STZ) 주식, 옵션 체인

Constellation Brands

Constellation Brands is the largest provider of alcoholic beverages across the beer, wine, and spirits categories in the us, generating 82% of revenue from Mexican beer imports under top-selling brands such as Modelo and Corona. The rest of the business includes some remaining wine and spirits brands, categories where the company continue to prune assets in recent years. With its exclusive rights tied to the Mexican beer brands effective only in the us, the firm has little revenue exposure to international markets. Constellation owns a 26% stake in no-moat Canopy Growth, a medicinal and recreational cannabis producer in Canada, and has a 50/50 joint venture with glass manufacturer Owens-Illinois in Mexico.

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목요일 아침 (현지 시간 기준) 미국 주식 선물이 하락세를 보이면서 오늘 투자자들의 관심을 끌 수 있는 주식은 다음과 같다: 1. 월스트리트는 컨스텔레이션 브랜드(NYSE:STZ)가 분기 이익을 주당 4.08달러, 매출 29억 달러로 발표할 것으로 예상하고 있다. 컨스텔레이션 주식은 애프터 마켓에서 0.3% 하락한 254.90달러로 거래되고 있다.

목요일 주목해야 할 주식: 컨스텔레이션 브랜드, 리바이 스트라우스 그리고 3종목

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Constellation Brands Inc

STELCO HOLDINGS INC by Stelco Holdings Inc.

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Sun Tzu Corp

BMO Capital analyst Andrew Strelzik maintains Constellation Brands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STZ#NYSE">STZ</a>) with a Outperform and lowers the price target from $315 to $305.

Price Target

Analyst Ratings

BMO Capital Maintains Outperform on Constellation Brands, Lowers Price Target to $305

Constellation Brands shares are trading lower after TD Cowen downgraded the stock from Buy to Hold and lowered its price target from $300 to $270.

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/59e506f2efacff00010f9abb/saul-martinez">HSBC analyst Saul Martinez</a> downgraded the rating for American Express Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>) from Buy to Hold. American Express shares fell 0.8% to close at $273.79 on Monday. <a href="https://www.benzinga.com/quote/AXP/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Keybanc analyst John Vinh downgraded the rating for QUALCOMM Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) from Overweight to Sector Weight. Qualcomm shares fell 1.2% to close at $166.94 on Monday. <a href="https://www.benzinga.com/quote/QCOM/analyst-ratings">See how other analysts view this stock</a>.</li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/580f253b846faa000139ba71/robert-moskow">TD Cowen analyst Robert Moskow </a>downgraded Constellation Brands, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STZ#NYSE">STZ</a>) from Buy to Hold and slashed the price target from $300 to $270. Constellation shares fell 1.5% to close at $243.07 on Monday. <a href="https://www.benzinga.com/quote/STZ/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Wolfe Research analyst Nigel Coe downgraded Otis Worldwide Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OTIS#NYSE">OTIS</a>) from Outperform to Peer Perform. Otis Worldwide shares fell 0.5% to close at $104.02 on Monday. <a href="https://www.benzinga.com/quote/OTIS/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Keybanc analyst John Vinh downgraded the rating for Synaptics Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SYNA#NASDAQ">SYNA</a>) from Overweight to Sector Weight. Synaptics shares fell 0.4% to close at $76.06 on Monday. <a href="https://www.benzinga.com/quote/SYNA/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Considering buying QCOM stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="507" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/08084317/image-50-1024x507.png" alt="" class="wp-image-585499" style="width:646px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/08084317/image-50-1024x507.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/08084317/image-50-300x149.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/08084317/image-50-768x381.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/08084317/image-50.png 1352w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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This Qualcomm Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Tuesday

TD Cowen analyst Robert Moskow downgrades Constellation Brands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STZ#NYSE">STZ</a>) from Buy to Hold and lowers the price target from $300 to $270.

TD Cowen Downgrades Constellation Brands to Hold, Lowers Price Target to $270

Barclays analyst Lauren Lieberman maintains Constellation Brands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STZ#NYSE">STZ</a>) with a Overweight and lowers the price target from $309 to $300.

Barclays Maintains Overweight on Constellation Brands, Lowers Price Target to $300

Wall Street started the week in the red, as traders weighed the economic and geopolitical fallout from escalating tensions in the Middle East. 
Monday marked the one-year anniversary of Hamas&#8217; October 7 attack, which triggered the <a href="https://www.benzinga.com/etfs/specialty-etfs/24/10/41210761/oil-surges-on-1-year-hamas-attack-anniversary-as-israel-mulls-iran-retaliation">ongoing war in Gaza</a>. The situation is now threatening to spread across the region, as Israel considers retaliating for last week&#8217;s missile attacks from Iran.
By 1 p.m. ET, the major indices were modestly lower, with the S&amp;P 500 down 0.5% and the Dow Jones off by 0.7%. The Nasdaq 100 also slid 0.5%. The energy sector was the only bright spot, buoyed by surging oil prices.
West Texas Intermediate (WTI) crude, as tracked by the United States Oil Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USO#NYSE">USO</a>), jumped over 3%, climbing to $77 per barrel. This rally marked its fifth consecutive session of gains, fueled by concerns that Israel may retaliate against Iran, a key oil producer, for its involvement in regional conflicts.
Last week&#8217;s blowout U.S. labor market data, coupled with rising oil prices and fresh stimulus measures out of China, pushed 10-year Treasury yields above 4%, setting the stage for the highest levels since late July. Investors appear increasingly wary of long-duration bonds, sending the iShares 20+ Year Treasury Bond ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLT#NASDAQ">TLT</a>) down 0.6%, extending its losing streak to four sessions.
Market sentiment around the Federal Reserve&#8217;s upcoming policy decisions has also shifted. The probability of the Fed refraining from cutting interest rates next month has dropped to just 17%, according to CME FedWatch Tool, 
Rising yields weighed heavily on metals, with gold down 0.4% to $2,645 per ounce and silver dropping 1.3%. Meanwhile, Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) gained 1.4%, trading at $63,682. 
<h1 class="wp-block-heading">Monday&#8217;s Performance In Major U.S. Indices, ETFs</h1>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>Chg %</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,724.31</td>
<td>-0.5%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>19,930.58</td>
<td>-0.5%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>42,059.07</td>
<td>-0.7%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,191.35</td>
<td>-0.8%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 1:30 p.m. ET</figcaption></figure>
According to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent100724&amp;t=be2bearmibe3na1">Benzinga Pro</a> data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>)&nbsp;edged down 0.5% to $570.38.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;fell 0.7% to $420.90.</li>
<li>The tech-heavy Invesco QQQ Trust Series (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) fell 0.5% to $485.21.</li>
<li>The iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) tumbled 0.8% to $218.77.</li>
<li>The Energy Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>) outperformed, up 0.8%. The Utilities Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLU#NYSE">XLU</a>) lagged, down 1.7%.</li>
</ul>
<h1 class="wp-block-heading">Monday&#8217;s Stock Movers</h1>
<ul>
<li>Super Micro Computer Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) rallied 14% after the company announced it is currently shipping more than 100,000 graphics processors per quarter and unveiled a new suite of liquid cooling products.</li>
<li>Everest Group Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EG#NYSE">EG</a>) plummeted over 8% after Morgan Stanley lowered its price target on the stock from $450 to $430.</li>
<li>Constellation Brands Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STZ#NYSE">STZ</a>) fell nearly 2% after Bank of America downgraded the stock from Outperform to Neutral and lowered the price target from $300 to $255. </li>
<li>Bank of America also downgraded several healthcare stocks including Concentra Group Holding Parent Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CON#NYSE">CON</a>), down 4.6%; AMN Healthcare Services Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMN#NYSE">AMN</a>), down 1.9%; Brookdale Senior Living (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKD#NYSE">BKD</a>), down 6% and U.S. Physical Therapy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USPH#NYSE">USPH</a>), down 2.5%.</li>
</ul>
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Image was created using artificial intelligence.

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Stocks Fall As Oil Prices Spike, 10-Year Yields Top 4%, Energy Sector Outperforms: What's Driving Markets Monday?

Last week, Constellation Brands Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STZ#NYSE">STZ</a>) reported second-quarter adjusted earnings per share of $4.32, beating the analyst consensus of $4.08. Quarterly revenues of $2.92 billion beat the <a target="_blank" href="https://www.benzinga.com/news/earnings/24/10/41164877/constellation-brands-beats-on-q2-earnings-beer-business-achieved-solid-mid-single-digit-sales-growt" rel="noreferrer noopener">street view of $2.90 billion</a>.
The company reported a loss per share of $6.59, including a $2.25 billion non-cash goodwill impairment loss for the Wine and Spirits business.
BofA Securities downgraded Constellation Brands, reflecting lowered calendar year 2025 estimates amid slower beer volume growth.
The analyst writes, &#8220;We pause to consider that slower growth reflects more than just the macroeconomic environment.&#8221;
The analyst downgraded Constellation Brands to Neutral from Buy and lowered the price target <a target="_blank" href="https://www.benzinga.com/quote/STZ/analyst-ratings" rel="noreferrer noopener">to $255 from $300</a>.
The lowered Neutral rating reflects that volumes are expected to remain subdued for the rest of the year. Much of this outlook is already factored into the price, and aside from opportunistic trades driven by weekly data, the analyst expects the stock to stay within a limited range for some time.
BofA Securities highlights its proprietary beer depletion analysis, accurately reflecting challenging year-ago comparisons and a softer consumer environment.
The BofA analyst has kept the fiscal year 2025 EPS estimate unchanged at $13.77. However, the sales growth forecasts for fiscal years 2026 and 2027 have been adjusted from 8% to 7%, reflecting the lower end of Constellation Brands&#8217; beer growth expectations.
This revision stems from the lack of clear catalysts or data suggesting a potential acceleration in beer sales toward the mid or high-end of their growth model. As a result, the analyst slightly lowered the EPS projections for fiscal 2026 to $15.19 and for fiscal 2027 to $16.83.
Price Action: STZ stock is down 1.9% at $242.00 at last check Monday.
Photo: T. Schneider via Shutterstock
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Analyst Color

Constellation Brands Downgraded Amid Subdued Beer Volume Growth Projections

Constellation Brands (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/stz#NYSE">STZ</a>) issued a mixed August quarter results lasy week, posting better than expected earnings as it continues to navigate a tough market.
<h3>Highlights Of The Second Quarter Of Fiscal 2025</h3>
Fueled by strong demand for its beer brands, especially Corona and Modelo, Constellation&nbsp;Brands reported net sales grew by 3% YoY to $2.92 billion.
Sales revenues increased by 6%&nbsp;while shipments&nbsp;grew by 4.6%.
Having already issued an alarm for its declining wines and spirits business whose sales dropped 12% to&nbsp;$388.7 million, Constellation reported a $2.5 billion write down. Wine and spirits were dragged down by a&nbsp;9.8% drop in shipment volumes.&nbsp;The division&rsquo;s operating income contracted 13% YoY to&nbsp;$70.5 million.
For the quarter ended on August 31st,&nbsp;adjusted earnings per share amounted to $4.32, surpassing&nbsp;LSEG&rsquo;s average estimate of $4.08.
Constellation can rely on its beer brands.
Beers have been the driver of Constellations&rsquo; success even before the pandemic lockdowns. Even in the post-pandemic era, consumers are turning to them, but doing so, they are also&nbsp;leaving behind wines and spirits. The latest quarter shows that Constellation continues to benefit from premium prices. While the industry continues being cautious in an uncertain macroeconomic environment, Constellation&rsquo;s beers were the biggest gainers for the twelfth successive quarter.
Yet, demand for spirits continues to fall.&nbsp;
But CEO Bill Newlands admitted the challenging macroeconomic backdrop has weighed on demand for beverage alcohol. Constellation gudied for full-year net sales growth between 4% and 6%, while expecting beer sales to go up from 6% to 8% and wine and spirits sales dropping 4% to 6%.
On the other hand, the wner of Guiness and Johnnie Walker, Diageo, is optimistic about spirits growth returning in the future. Diageo CEO Debra Crew believes that alcohol sales growth will return with the improving consumer environment. There&rsquo;s also increasing support from A list celebrities who are lending their influence to liquor brands. Among celebrities helping liquor brands become big businesses are Matthew McConaghew launched an organic tequilla brand, while Ryan Reynlods became a co-owner of Aviation Gin that was scooped up by Diageo in 2020, with George Clooney leading the way back in 2013 by co-founding Casamigos Tequilla, that was also sold to Diageo. But the reality is that Diageo plc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/deo#NYSE">DEO</a>) posted bleak quarterly results in September, reflecting a weak macroenvironment in North America. After another lacluster quarter for wine and spirits, Constellation is expecting a &lsquo;sequential&rsquo; improvement over the second half of fiscal 2025.&nbsp;
DISCLAIMER: This content is for informational purposes only. It is not intended as investing advice.
This article is from an unpaid external contributor. It does not represent Benzinga's reporting and has not been edited for content or accuracy.

Constellation Brands' Latest Quarter Shows Wine And Spirits Business Continue To Fall From Glory

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Evercore ISI Group raised the price target for Air Products and Chemicals, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APD#NYSE">APD</a>) from $305 to $365. Evercore ISI Group analyst Stephen Richardson upgraded the stock from In-Line to Outperform. Air Products shares fell 0.1% to close at $285.50 on Friday. <a href="https://www.benzinga.com/quote/apd/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Truist Securities raised the price target for Quest Diagnostics Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DGX#NYSE">DGX</a>) from $158 to $165. Truist Securities analyst David Macdonald maintained a Hold rating. Quest Diagnostics shares fell 0.4% to close at $150.79 on Friday. <a href="https://www.benzinga.com/quote/DGX/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>BMO Capital raised The Chemours Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CC#NYSE">CC</a>) price target from $30 to $32. BMO Capital analyst John McNulty maintained an Outperform rating. Chemours shares gained 1.8% to close at $19.57 on Friday. <a href="https://www.benzinga.com/quote/CC/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Piper Sandler cut Domino&#8217;s Pizza, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DPZ#NYSE">DPZ</a>) price target from $436 to $429. Piper Sandler analyst Brian Mullan maintained a Neutral rating. Domino&#8217;s shares gained 1.1% to close at $425.31 on Friday. <a href="https://www.benzinga.com/quote/DPZ/analyst-ratings">See how other analysts view this stock.</a></li>
<li>B of A Securities slashed Constellation Brands, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STZ#NYSE">STZ</a>) price target from $300 to $255. B of A Securities analyst Bryan Spillane downgraded the stock from Buy to Neutral. Constellation shares gained 1.2% to close at $246.67 on Friday. <a href="https://www.benzinga.com/quote/STZ/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Bernstein cut the price target for The Hershey Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HSY#NYSE">HSY</a>) from $230 to $205. Bernstein analyst Alexia Howard downgraded the stock from Outperform to Market Perform. Hershey rose 0.5% to close at $191.84 on Friday. <a href="https://www.benzinga.com/quote/HSY/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Needham raised Payoneer Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PAYO#NASDAQ">PAYO</a>) price target from $9 to $10. Needham analyst Mayank Tandon maintained a Buy rating. Payoneer Global shares gained 0.5% to close at $7.71 on Friday. <a href="https://www.benzinga.com/quote/PAYO/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>HC Wainwright &amp; Co. raised the price target for BioNTech SE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNTX#NASDAQ">BNTX</a>) from $113 to $150. HC Wainwright &amp; Co. analyst Robert Burns maintained a Buy rating. BioNTech shares gained 2.4% to close at $122.68 on Friday. <a href="https://www.benzinga.com/quote/BNTX/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Macquarie raised PDD Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>) price target from $126 to $224. Macquarie analyst Ellie Jiang upgraded the stock from Neutral to Outperform. PDD shares gained 1.1% to close at $154.27 on Friday. <a href="https://www.benzinga.com/quote/PDD/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Truist Securities boosted Uber Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) price target from $88 to $99. Truist Securities analyst Youssef Squali maintained a Buy rating. Uber shares gained 1.8% to close at $74.28 on Friday. <a href="https://www.benzinga.com/quote/UBER/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Considering buying UBER stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="512" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/07090121/image-37-1024x512.png" alt="" class="wp-image-583441" style="width:612px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/07090121/image-37-1024x512.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/07090121/image-37-300x150.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/07090121/image-37-768x384.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/07090121/image-37.png 1342w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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<li><a href="https://www.benzinga.com/markets/24/10/41196046/wall-streets-most-accurate-analysts-give-their-take-on-3-energy-stocks-delivering-high-dividend-yiel">Wall Street&#8217;s Most Accurate Analysts Give Their Take On 3 Energy Stocks Delivering High-Dividend Yields</a></li>
</ul>

BNTX

PAYO

Citigourp Global Markets 2% Protected Notes Linked To The Djia

UBER

Uber To Rally Over 33%? Here Are 10 Top Analyst Forecasts For Monday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58d11d3db85e93000188d7b6/alexia-howard">Bernstein analyst Alexia Howard</a> downgraded the rating for The Hershey Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HSY#NYSE">HSY</a>) from Outperform to Market Perform and lowered the price target from $230 to $205. Hershey shares gained 0.5% to close at $191.84 on Friday. <a href="https://www.benzinga.com/quote/HSY/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Keybanc analyst Aleksey Yefremov downgraded the rating for Celanese Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CE#NYSE">CE</a>) from Overweight to Sector Weight. Celanese shares gained 2.1% to close at $136.67 on Friday. <a href="https://www.benzinga.com/quote/CE/analyst-ratings">See how other analysts view this stock</a>.</li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/586e4053351b9b00018bee9e/kannan-venkateshwar">Barclays analyst Kannan Venkateshwar </a>downgraded the rating for Netflix, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) from Equal-Weight to Underweight and maintained the price target of $550. Netflix shares gained 1.8% to close at $719.70 on Friday. <a href="https://www.benzinga.com/quote/NFLX/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>B of A Securities analyst Bryan Spillane downgraded Constellation Brands, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STZ#NYSE">STZ</a>) from Buy to Neutral and slashed the price target from $300 to $255. Constellation shares gained 1.2% to close at $246.67 on Friday. <a href="https://www.benzinga.com/quote/STZ/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Evercore ISI Group analyst Ross Muken downgraded the rating for Charles River Laboratories International, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRL#NYSE">CRL</a>) from Outperform to In-Line and cut the price target from $225 to $190. Charles River shares gained 0.6% to close at $190.74 on Friday. <a href="https://www.benzinga.com/quote/CRL/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Considering buying NFLX stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="512" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/07080259/image-34-1024x512.png" alt="" class="wp-image-583229" style="width:568px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/07080259/image-34-1024x512.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/07080259/image-34-300x150.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/07080259/image-34-768x384.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/07080259/image-34.png 1333w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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</ul>

NFLX

This Netflix Analyst Turns Bearish; Here Are Top 5 Downgrades For Monday

B of A Securities analyst Bryan Spillane downgrades Constellation Brands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STZ#NYSE">STZ</a>) from Buy to Neutral and lowers the price target from $300 to $255.

B of A Securities Downgrades Constellation Brands to Neutral, Lowers Price Target to $255

JP Morgan analyst Andrea Teixeira maintains Constellation Brands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STZ#NYSE">STZ</a>) with a Overweight and lowers the price target from $307 to $293.

JP Morgan Maintains Overweight on Constellation Brands, Lowers Price Target to $293

Constellation Brands, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STZ#NYSE">STZ</a>) announced <a href="https://www.benzinga.com/news/earnings/24/10/41164877/constellation-brands-beats-on-q2-earnings-beer-business-achieved-solid-mid-single-digit-sales-growt">upbeat earnings for its second quarter on Thursday</a>.
The company reported its results amid an <a href="https://www.benzinga.com/earnings">exciting earnings season</a>. Here are some key analyst takeaways.
<h1 class="wp-block-heading">Truist Securities On Constellation Brands</h1>
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/59e8ba80efacff0001417468/patrick-scholes">Analyst Bill Chappell</a> reiterated a Hold rating, while reducing the price target from $265 to $255.
Constellation Brands reported net sales of $2.919 billion, slightly missing the consensus of $2.946 billion, while its adjusted earnings (ex-Canopy) came in at $4.32 per share, beating the Street's $4.08 per share expectation, Chappell said in a note. "The company also maintained the FY25 Sales and adj. EPS guidance it issued in early September," he added.
Corona Extra's sales contracted by 3% in the quarter, the analyst stated. "Now that the peak summer season is over, it will likely take 6-9 months before we see if its efforts to revive the brand bear fruit," he further wrote.
<h1 class="wp-block-heading">RBC Capital Markets On Constellation Brands</h1>
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/589dc34043eaaa000122c5a2/nik-modi">Analyst Nik Modi</a> maintained an Outperform rating and price target of $308.
Beer depletions of 2.4% missed consensus of 3.7% due to "macro pressures and category sluggishness," Modi said. He added, however, that Constellation Brands still managed to deliver "best in class volume growth."
Channel checks suggest a strong beginning to the third quarter and September depletions are estimated to be up around 6%, the analyst stated. "We believe the biggest point of contention is in the back half guidance implying an acceleration of Beer depletions and W&amp;S (Wine &amp; Spirits) improvement," he further wrote.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
<h1 class="wp-block-heading">Goldman Sachs On Constellation Brands</h1>
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58aed4dcb85e9300013bf4da/bonnie-herzog">Analyst Bonnie Herzog</a> reaffirmed a Buy rating and price target of $300.
The stock pullback following the release of results was partly triggered by "investor concerns about softer-than-expected FQ2 depletions in core beer brands (+5% Modelo Especial and -3% Corona Extra)," Herzog said. 
The company could face "outsized pressures" in the third quarter due to "slower beer shipment volume growth and stepped-up marketing investments behind beer," he added.
There is also skepticism about Constellation Brands achieving mid-single-digit depletions in the back half, "given macro pressures impacting STZ's core Hispanic consumer (esp high unemployment in STZ's top 5 states: CA, TX, FL, NY, IL)," the analyst stated. 
"While one can debate the impact and timing of macro trends improving, what is encouraging in our view is that nothing we heard today suggests any fundamental weakness in STZ's beer brands or the long-term opportunity," he further wrote.
<h1 class="wp-block-heading">Roth Capital Partners On Constellation Brands</h1>
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5e00db2d3513fb0001f048a6/bill-kirk">Analyst Bill Kirk</a> maintained a Buy rating and price target of $298.
Beer depletions are likely to reaccelerate in the back half and shipments should be "strong enough" for the company to deliver on its fiscal 2025 guidance, Kirk said. Trends have already improved from the summer levels, he added.
"Meanwhile, Beer profitability remains strong and Wine &amp; Spirits perception is below financial contribution ($564mn carrying value for annual EBITDA of ~$400mn)," the analyst further stated.
STZ Price Action: Shares of Constellation Brands had risen by 0.63% to $245.21 at the time of publication on Friday.
Read More: • <a href="https://www.benzinga.com/news/global/24/10/41148694/beer-shortage-ahead-3-products-that-will-be-most-impacted-by-port-strike">Beer Shortage Ahead? 3 Products That Will Be Most Impacted By Port Strike</a>
Photo: T. Schneider via Shutterstock

Earnings Beats

Reiteration

Movers

Constellation Brands Posts Q2 Beat, But Analysts Express Concern Around Back-Half Performance

Roth MKM analyst Bill Kirk reiterates Constellation Brands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STZ#NYSE">STZ</a>) with a Buy and maintains $298 price target.

Roth MKM Reiterates Buy on Constellation Brands, Maintains $298 Price Target

Evercore ISI Group analyst Robert Ottenstein maintains Constellation Brands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STZ#NYSE">STZ</a>) with a Outperform and lowers the price target from $310 to $300.

Evercore ISI Group Maintains Outperform on Constellation Brands, Lowers Price Target to $300

RBC Capital analyst Nik Modi reiterates Constellation Brands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STZ#NYSE">STZ</a>) with a Outperform and maintains $308 price target.

RBC Capital Reiterates Outperform on Constellation Brands, Maintains $308 Price Target

Truist Securities analyst Bill Chappell maintains Constellation Brands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STZ#NYSE">STZ</a>) with a Hold and lowers the price target from $265 to $255.

Truist Securities Maintains Hold on Constellation Brands, Lowers Price Target to $255

WIIM

Constellation Brands shares are trading lower. The company reported Q2 financial results.

Guidance

Constellation Brands Exec Says Expects Sequentially Lower Operating Margins In H2

Constellation Brands Exec Says Consumers Seeking More Value Oriented Packs And Channels To Manage Their Spend

Wells Fargo analyst Christopher Carey maintained a Buy rating on Constellation Brands (STZ – Research Report) yesterday and set a price target of $...

Wells Fargo Reaffirms Their Buy Rating on Constellation Brands (STZ)

Earnings season never really ends. There are times when the number of reports feels like an inundation and times when there are only a handful of companies reporting.

A Preview Of Earnings… From Earnings

A Preview Of Earnings... From Earnings

Constellation Brands (STZ – Research Report), the Consumer Defensive sector company, was revisited by a Wall Street analyst today. Analyst Andrew S...

Buy Recommendation for Constellation Brands: Strong Beer Business, Attractive Valuation, and Strategic Growth Initiatives

Goldman's High Growth Investment ratio stocks: EA, AMZN, FANG, etc

It's National American Beer Day: These are the top-selling beers in the U.S.

In a regulatory filing, Constellation Brands (STZ) disclosed that its CEO William Newlands sold 7.4K shares of common stock on October 29th in a to...

Constellation Brands CEO sells $1.76M in common stock

Dividend Champion, Contender, And Challenger Highlights: Week Of November 3

Insider trades: Notable buys and sells by significant shareholders, executives and directors

This week, several dividend stocks are trading close to their 52-week lows. Here is a list of ten such stocks that are also reaching their ex-divid...

Ex-Dividend Date Nearing for These 10 Stocks – Week of November 4, 2024

ABBV

ADSK

AMCR

AMZN

APOG

AXON

BIIB

CBAN

CDNS

CGNX

CHCT

CIVB

CRAI

CSWI

CWEN

DLTR

EBAY

EBTC

EFSI

FANG

FBIZ

FBMS

FCBC

FELE

FFIV

FSBW

FSLR

GABC

GDDY

GOOGL

GRMN

HBCP

HESM

HFWA

IBCP

INCY

INTC

JBHT

KEYS

LKFN

MAIN

MATX

MPLX

MRNA

MSDL

MTCH

NCLH

NIDB

NTAP

NXRT

ORCL

ORRF

PAYX

PLTR

PODD

SBFG

SIRI

SNPS

SRCE

STBA

TMUS

TRMB

TXNM

UMBF

VRTX

WDFN

WFRD

WTFC

ZBRA

ZION

Small Cap

Press Releases

Ascend Wellness Holdings Announces Appointment of Julie Francis to Board of Directors

Constellation Brands to Report First Quarter Fiscal 2025 Financial Results;  Host Conference Call July 3, 2024

TOPIKOS Spirit & Beverage Co. announces partnership with Constellation Brands Inc., expanding its portfolio with premium offerings

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