๐ Constellation Brands $STZ drops 4.8% โ earnings miss + price-target cuts pile on
Constellation Brands is one of the session's worst performers, down nearly 5% after EPS came in 20% below analyst estimates in its latest report, triggering a string of Wall Street price-target reductions. The maker of Corona and Modelo has now shed 41% over the past year even as broader indices pushed higher. Weakness in consumer staples is mounting amid signs of belt-tightening after July retail sales just missed badly. Not financial advice. Is STZ a deep-value setup here or still a falling knife?