TD Cowen raised the price target for Constellation Brands, Inc. (NYSE: STZ) from $240 to $300. TD Cowen analyst Vivien Azer upgraded the stock from Market Perform to Outperform. Constellation Brands shares fell 0.8% to close at $257.50 on Tuesday.
We performed a screening of mid-cap ETFs, defined as having Assets Under Management (AUM) between $400 million and $2 billion - to determine what funds had the largest positive and negative returns on the week, according to data from etfdb.com. Only non-leveraged funds were considered.
Companies Reporting Before The Bell
• WPP (NYSE:WPP) is projected to report earnings for its first quarter.
• Anglogold Ashanti (NYSE:AU) is likely to report earnings for its first quarter.
U.S. stocks opened Tuesday’s trading session modestly lower, with the energy sector going from one of the worst-performing sectors to one of the best in the first 15 minutes. The SPDR Select Sector SPDR Fund (NYSEARCA: XLF) had opened around 1.70% lower, but as of this writing was trading down just 0.33% despite mildly bearish price action in the S&P 500.