Constellation Brands (STZ) closed slightly lower at $139.41 amid light trading volumes and no specific company announcements, with the stock reflecting a clash between optimistic Wall Street targets and underlying concerns about organic growth.
- Wall Street maintains high price targets, ranging from $170.70 to $171.22, suggesting a potential 22-23% upside.
- Despite the high targets, trading reflects caution due to concerns over softer organic growth, a projected 6.3% sales decline, and capital allocation issues.
- The stock continued to trade lower in after-hours, settling at $139.00 (-0.29%).