You can now read 10 articles each month for free on

The Boston Globe



Wine company hits a 4-year-plus high

Martin Bernetti/AFP/Getty Images

Constellation’s solid market position, with brands like Robert Mondavi wine, Corona beer (in a joint venture with Grupo Modelo), and Svedka vodka, spells long-term growth, analysts say.

Continue reading below

It was a day for investors to offer a toast: Constellation Brands Inc.’s stock rose 2.3 percent to reach its highest price since December 2007. The Victor, N.Y., company, which is the world’s largest wine company, was raised to “buy’’ from “neutral’’ by Goldman Sachs Group. And on Monday, Auriga USA said the company will post higher profits on Thursday; Auriga expects profit margins to continue to improve.

You have reached the limit of 10 free articles a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than $1 a week