Yahoo Finance Live’s Brian Sozzi discusses a Goldman Sachs analyst’s bullish take on beer maker Constellation Brands. Read More...
Yahoo Finance Live’s Brian Sozzi discusses a Goldman Sachs analyst’s bullish take on beer maker Constellation Brands.
Video Transcript
BRIAN SOZZI: All right. Switching gears, here. Goldman Sachs staying bullish on beer maker Constellation Brands into its January 5 earnings report.
Says analyst Bonnie Herzog, “Investor concerns have been lowered considerably in the past few weeks as the narrative has shifted from concerns about the slowdown of the total beer category to the belief that Modelo’s growth has peaked and the brand is losing market share. We believe these concerns are overblown.”
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