alcohol

Alcohol company Constellation Brands, Inc. (NYSE: STZ) saw its stock plunge more than 12 percent Wednesday in reaction to the company's guidance revision due to weakness in several business lines and a loss of value in its Canopy Growth Corp (NYSE: CGC) stake. What Happened Constellation Brands...

Investors thirsty for exposure to beverage stocks have many options available, but which names will outperform? UBS analysts updated their view of the sector on Dec. 12 and initiated coverage of new names. Here's a summary of what companies the research firm are recommending investors buy and...

After chatting with the British alcoholic beverage maker Diageo plc (NYSE: DEO)'s management, Macquarie Research maintained its bullish stance on the stock.  The Analyst Analyst  Caroline Levy maintains an Outperform on Diageo's London-listed stock with an unchanged 31-...

Macquarie's Caroline Levy provided clients with an outline of some of the key trends a panel of experts sees ahead for the alcohol market.  The sell-side firm recently hosted a panel of beer and cannabis experts including beer-guru Harry Schuhmacher, founder of Beer Business Daily;...

Cannabis stocks were trading mostly higher Wednesday after voters in Michigan OK'ed recreational marijuana, while medical marijuana measures were approved in Utah and Missouri. Investors who take this as a positive signal for every publicly traded cannabis stock may want to reconsider,...

For Anheuser Busch Inbev NV (NYSE: BUD), two opposites can be true at the same time: Q3 results were "deeply disappointing" and "not too bad," according to RBC. The Analyst RBC Capital Markets' James Jones upgraded Anheuser-Busch's Europe-listed stock from Sector Perform...

Alcoholic beverage maker Constellation Brands, Inc. (NYSE: STZ) reported Thursday its second-quarter results, which sent the stock higher. Here's a summary of what some of the Street's top analysts are saying after the print. The Analysts Macquarie Research's Caroline Levy...

Alcoholic beverage maker Constellation Brands, Inc. (NYSE: STZ) reported beat-and-raise second-quarter results Thursday. What Happened Constellation Brands said it earned $2.87 per share in Q2 on revenue of $2.3 billion versus expectations of $2.60 per share and $2.25 billion. By segment, beer...

Shares of alcohol beverage maker Constellation Brands, Inc. (NYSE: STZ) have lost 7 percent year-to-date and the steep discount versus its peers makes it Jefferies' top large-cap growth idea. The Analyst Kevin Grundy maintains a Buy rating on Constellation Brands with an unchanged $283...

Alcoholic beverage producer Constellation Brands, Inc. (NYSE: STZ) is trading at a notable valuation premium to the broader market which can't be justified — especially after its $4-billion investment in cannabis company Canopy Growth Corp (NYSE: CGC), according to Susquehanna...

Shares of Canopy Growth Corp (NYSE: CGC) skyrocketed higher by more than 50 percent early Wednesday morning in reaction to an expansion of its partnership with the beverage alcohol company Constellation Brands, Inc. (NYSE: STZ). What Happened Canopy and Constellation initially struck a partnership...

Diageo plc (ADR) (NYSE: DEO), the liquor conglomerate behind brands including Johnnie Walker, reported solid earnings Thursday morning. But with the ongoing threat of a global trade war still looming, should investors be concerned about what's next for the British company? What...

As beer continues to cede market share to alcoholic alternatives and hard sodas fall out of favor, brewers are jumping in on a rising trend. The industry is shaking its line-up with hard seltzer, a beverage seen to be as disruptive to beer as LaCroix has been to soda. Sparkling Water’s...

After rising about 17 percent in the last 12 months, Diageo plc (ADR) (NYSE: DEO)'s stock is unlikely to see any further notable upside, according to Bernstein. The Analyst Bernstein's Trevor Stirling downgraded Diageo from Outperform to Market-Perform with a price...

After a more than fourfold increase in Constellation Brands, Inc. (NYSE: STZ) over the past five years, Stifel's bullish stance on the stock has come to an end.  The Analyst Stifel's Mark Swartzberg downgraded Constellation Brands' stock rating from Buy to Hold with a price...