Constellation Brands Cl A stock sheds 1.34% in rough market session

7 articles · Updated · MarketWatch · May 7

The shares closed at $150.25 on Thursday as the S&P 500 fell 0.38% to 7,337.11 and the Dow dropped 0.63% to 49,596.97.
The decline ended a two-day winning streak and left the stock 23.70% below its 52-week high of $196.91, reached on May 16.
Against peers, Brown-Forman Class A rose 2.36%, Brown-Forman Class B gained 1.48%, while Molson Coors Class A fell 6.16%.

With sales falling, why do analysts see Constellation Brands as a deeply undervalued stock with significant upside?

Can new leadership pivot the beer giant to capture the booming market for ready-to-drink cocktails and low-alcohol options?