Beer Stock Upgraded on Expectations of Faster Sales Growth

STZ has been quiet on the charts, but contrarian potential could help sustain a rallyConstellation Brands Inc (NYSE:STZ) stock is up 0.3% to trade at $151.92, after an upgrade from Citigroup to "buy" from "neutral," to go with a price-target hike to $175 from $150. The analyst in coverage expects faster beer sales growth in the fourth quarter into fiscal 2027, with higher demand during the FIFA World Cup, especially with Modelo, the U.S.' top-selling beer.STZ has struggled with overhead pressure at the 20-d ...