Jefferies analyst Kaumil Gajrawala has maintained a Hold rating on Constellation Brands (NYSE: STZ) and lowered the price target to $157 from $158. The adjustment reflects a revised outlook on the stock's valuation following recent market movements.

Rating and Price Target

The brokerage firm continues to advise investors to hold their positions in Constellation Brands. The price target reduction represents a minor decrease of $1 from the previous estimate.

Constellation Brands is a leading producer and marketer of beer, wine, and spirits. The company's portfolio includes brands such as Corona, Modelo Especial, and Robert Mondavi.

Constellation Brands, Inc. will release its first-quarter earnings after the closing bell on June 30. Analysts expect the Rochester, New York-based company to report quarterly earnings of $3.25 per share, up from $3.22 per share in the year-ago period. The consensus estimate for Constellation’s quarterly revenue is $2.4 billion, compared to $2.52 billion reported last year.

On May 21, Constellation Brands announced the election of Morgan Flatley as a new independent board director. Shares of Constellation rose 1.3% to close at $143.38 on Tuesday.

Analyst Ratings and Price Targets

Recent ratings and price target changes from Wall Street analysts highlight shifting sentiment ahead of the earnings report.

UBS analyst Peter Grom maintained a Buy rating but cut the price target from $186 to $175 on June 17, 2026. B of A Securities analyst Bryan Spillane maintained an Underperform rating and lowered the price target from $154 to $152 on May 28, 2026. TD Cowen analyst Robert Moskow upgraded the stock from Hold to Buy and raised the price target from $142 to $190 on April 13, 2026. Barclays analyst Lauren Lieberman maintained an Equal-Weight rating and boosted the price target from $151 to $170 on April 10, 2026. Deutsche Bank analyst Steve Powers maintained a Hold rating and increased the price target from $154 to $155 on April 10, 2026.