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Fly News Breaks for June 21, 2016
STZ
Jun 21, 2016 | 07:27 EDT
RBC Capital expects Constellation Brands to benefit from a "combination of wholesaler consolidation and cross category consumption," helping it to generate annual returns in the low to mid teen percentage levels. The firm thinks that the combination gives the company a competitive advantage over its smaller competitors. RBC continues to recommend that investors own the shares and recommends buying the stock on any pullbacks.
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