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Fly News Breaks for January 9, 2020
STZ
Jan 9, 2020 | 07:40 EDT
MKM Partners analyst Bill Kirk raised his price target for Constellation Brands to $266 from $256 following the company's quarterly results, saying that with Corona Seltzer set to launch shortly, the potential of Modelo line extensions, and a strong core Modelo opportunity behind cans and draft, he believes current beer trends can accelerate in the near term and be sustained in the long term. The analyst keeps a Buy rating on the shares.
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