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Fly News Breaks for January 8, 2016
STZ
Jan 8, 2016 | 07:32 EDT
UBS noted Constellation Brands reported an impressive beat and raise quarter, which overshadows its great than anticipated capital expenditure needs. The firm feels there is additional growth ahead, but that its valuation requires stellar execution. UBS maintained its Neutral rating and raised its price target to $162 from $152 on Constellation Brands shares.
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