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Analyst Moves: STZ, CRM

Posted: Oct. 1st, 2011  |  By Forbes

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This morning, Goldman Sachs lowered its EPS estimates on shares of Constellation Brands through 2014 as the company is seeing higher interest rates and devoting less capital to share buybacks. In the report, Goldman set a new price target of $21 and reiterated its neutral rating.

Shares of Constellation Brands (nyse: STZ - news - people ) were lower on the news, falling 1.9% today.

And Piper Jaffray (nyse: PJC - news - people ) reduced its EPS estimates on shares of Salesforce.com (nyse: CRM - news - people ) through 2013 following the company's acquisition of Assistly. In the report, Piper maintained its overweight rating and its $183 price target.

Shares of CRM were lower on Friday, off 1.8% so far.

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