Beer Demand Slumps, Margins Squeezed: Why This Analyst Still Likes Constellation
1. Analyst lowered STZ's price target from $215 to $195. 2. Weaker beer revenue and margins expected in fiscal Q1 2026. 3. First-quarter EPS estimate reduced to $3.20, 5% below consensus. 4. Beer depletion forecast of -3.0% indicates declining consumer demand. 5. Management may maintain guidance, risking investor skepticism.