Constellation Brands has had its rating rasied by the investment bank UBS. Analysts moved the rating to "buy" from "neutral".

The bank made the move on because it felt Constellation would gain financial benefits from its recent acquisition of Robert Mondavi Corp.

The bank upgraded its 2006 earnings per share expectation for the company to US$3.22 from US$3.15 and has also set a price target of US$65.