Constellation Brands Earnings Could Get Punched By Tariffs. The Stock Is Falling. - Barron's

1. Piper Sandler downgraded STZ from Overweight to Neutral due to tariffs. 2. Target price slashed from $245 to $200, impacting earnings estimates. 3. 86% of STZ sales come from Mexican beers, heavily affected by tariffs. 4. Potential impact includes EPS hit of $3.00-$3.75 if tariffs last a year. 5. STZ shares dropped 6.3% to $169.50 in premarket trading post-downgrade.