Constellation Lowers Outlook: Time to Panic on Buffett's Big Bet?

Constellation Brands TodaySTZConstellation Brands$142.89 -0.01 (-0.01%) 52-Week Range$142.25▼$261.06Dividend Yield2.86%Price Target$192.28Add to WatchlistConstellation Brands NYSE: STZ, one of Warren Buffett's big-time bets at Berkshire Hathaway NYSE: BRK.B, is suffering in September. On Sept. 2, Constellation announced a significant cut to its full-year guidance, which has led to shares falling by almost 10% during the month. This puts a damper on Berkshire’s $2.2 billion investment. Given the reduction i ...