Constellation Brands Stock: Is the Downturn Here to Stay?

Constellation Brands, the alcohol giant behind popular brands, saw its stock dip after negative news, including the sale of Copper and Kings American Brandy and concerns about anti-obesity drugs and potential tariffs. Despite an Outperform rating, RBC Capital lowered its price target, contributing to investor unease. With shares down over 2% and a challenging year overall, investors are questioning if this is a temporary slump or a sign of deeper issues for the company. Hosted on Acast. See acast.com/privacy for more information.