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Equities researchers at Credit Suisse began coverage on shares of Constellation Brands (NASDAQ:STZ-B) in a research report issued on Thursday. The firm set a “neutral” rating on the stock.

Constellation Brands (NASDAQ:STZ-B) remained flat at $85.62 during trading on Thursday. Constellation Brands has a 52 week low of $53.45 and a 52 week high of $94.02. The stock’s 50-day moving average is $87.24 and its 200-day moving average is $82.9. The company has a market cap of $16.491 billion and a price-to-earnings ratio of 7.86.

Constellation Brands (NASDAQ:STZ-B) last released its earnings data on Wednesday, July 2nd. The company reported $1.07 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.92 by $0.15. During the same quarter in the prior year, the company posted $0.38 earnings per share.

Separately, analysts at Citigroup Inc. raised their price target on shares of Constellation Brands from $90.00 to $93.00 in a research note on Thursday, May 29th.

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