Analysts slash Constellation Brands price targets after strong Q2 earnings
+2 new sources since this summary was written
Constellation Brands reported fiscal Q2 2027 earnings of $3.74 per share on $2.63 billion revenue, beating estimates. Following the release, several sell‑side firms cut their price targets, with Goldman Sachs lowering its target to $155 from $180, UBS to $144 from $145, Piper Sandler to $125 from $161, Morgan Stanley to $145 from $158, HSBC to $135 from $192, and RBC to $182 from $185. The analysts cited weaker second‑half outlook, margin pressure and competitive market conditions despite the beat.
Why it matters
The downward revisions reduce the implied upside for investors, suggesting a more modest near‑term appreciation potential. The cuts also signal concerns over margin expansion and second‑half growth, which may affect valuation models and portfolio allocations.
Key facts
- 1Goldman Sachs cut its price target to $155 from $180. investing.com
- 2Goldman Sachs kept a Buy rating and noted a 31% upside from the new target. finance.yahoo.com
- 3UBS lowered its price target to $144 from $145 while maintaining a Buy rating. investing.com
- 4UBS reported a gross profit margin of 52.75% and a P/E ratio of 11.25. investing.com
- 5Piper Sandler reduced its price target to $125 from $161. investing.com
- 6Morgan Stanley lowered its price target to $145 from $158 and kept an Equal‑Weight rating. gurufocus.com
Summary written by AlphAI from 9 of 9 sources. Not investment advice. Figures are as stated by the linked sources.