Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Markets & Finance

Stifel Nicolaus Cuts Constellation Brands to Hold

Stifel Nicolaus downgraded Constellation Brands (STZ) to hold, explaining that the shares will likely continue to remain range bound.

Analyst Mark Swartzberg says the company's fourth quarter results demonstrate that its revenue growth is slowing. He also notes that management attributes much of this to comparisons, which were difficult. Even so, growth still disappointed and this signaled to him a more fundamental lack of momentum in the company's wine business. Second, he's becoming more convinced that any outcome regarding import rights to Modelo's brands in the Eastern U.S. is likely to be no better than neutral to the economic profile of the shares.

blog comments powered by Disqus