The investment bank UBS Warburg said today that it had cut its rating on the US beverage company Constellation Brands to “buy” from “strong buy”.
No other details were immediately available.
The stock closed at US$24.63 on Thursday on the New York Stock Exchange.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Just Drinks Excellence Awards - Have you nominated?
Nominations are now open for the prestigious Just Drinks Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!
Nominate Now
