By Market News Video Staff, Friday, November 12, 11:44 AM ET
Constellation Brands (NYSE:STZ) shares are falling today after a downgrade by Standpoint Research.
The maker of Corona beer and Mondavi wine was cut from buy to hold, on Standpointís suggestion that the companyís all-time high net profit margins will be difficult to maintain
Constellation Brands shares are trading down 2% Friday.
It is 1.31% of the Dynamic Food & Beverage Portfolio (AMEX:PBJ), behind Starbucks (NASDAQ:SBUX), 5.94% of the fund, Coca-Cola Enterprises (NYSE:CCE), at 5.86% of the fund, Yum! Brands (NYSE:YUM) at 5.57% of the total, and others.
This Article's Word Cloud:AMEXBeverageBrandsCocaColaConstellationCoronaDynamicEnterprisesFoodFridayMondaviNYSEPortfolioResearchSBUXStandpointStarbucksafterbeerbehindcompanydifficultdowndowngradefallingfromfundhighholdmaintainmakermarginsothersprofitsharessuggestionthattimetodaytotaltradingwillwine
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.