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Fly News Breaks for November 16, 2016
STZ
Nov 16, 2016 | 08:15 EDT
RBC Capital analyst Nik Modi returned Constellation Brands to his Focus List. The analyst says that the stock has underperformed the staples sector by seven percentage points over the past month, and he blames the underperformance on worries about Trump Administration policies. However, the analyst does not expect any of these policies to affect the company's earnings power. He keeps a $183 price target and an Outperform rating on the shares.
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