Citi Opens “Upside 90-Day Catalyst Watch” on Constellation Brands (STZ)

Constellation Brands, Inc. (NYSE:STZ) is included among the 10 Best Dividend-Paying Beverage Stocks to Buy Now.

Citi Opens "Upside 90-Day Catalyst Watch" on Constellation Brands (STZ)

Constellation Brands, Inc. (NYSE:STZ) is a leading international producer and marketer of beer, wine, and spirits with operations in the U.S., Mexico, New Zealand, and Italy.

On May 18, Citi opened an “upside 90-day catalyst watch” on Constellation Brands, Inc. (NYSE:STZ), while maintaining a ‘Buy’ rating on the stock. The analyst also assigned STZ a price target of $185, indicating an upside of almost 24% from the current levels.

Citi expects Constellation’s upcoming Q1 2027 report to show an acceleration in beer trends on easier comparisons. The analyst firm also sees the alcohol company benefiting from the upcoming FIFA World Cup, given soccer’s “strong over-indexing” within America’s Hispanic community.

Constellation Brands, Inc. (NYSE:STZ) exceeded estimates in its Q4 2026 report last month. The company’s net sales and comparable earnings fell less than anticipated due to the stable demand for its Mexican lager brands such ‌as Pacifico and Victoria. Moreover, the company’s sharper marketing strategy and lower prices even helped lift the demand for its key brews, including Modelo Especial and Corona Sunbrew, despite the muted US ​alcohol market.

However, Given the “evolving socioeconomic backdrop and limited near-term visibility”, Constellation Brands, Inc. (NYSE:STZ) updated its FY27 guidance and withdrew the previously issued FY28 outlook. The company now expects earnings in the range of $11.20 and $11.90 per share for fiscal 2027, compared to estimates of $12.36.

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