Grokk-Grokk-GrokkaKhan

Dear Client: We now know at least how Wall Street feels about Constellation's decision to unload Ballast Point at a vastly reduced price to focus on higher-margin categories.  Cowen analyst Vivien Azer says the divestiture will allow Constellation to redeploy resources. "Since taking over as CEO, Bill Newlands has established a clear mandate to focus on high growth, high margin brands to complement STZ's best-in-class import beer portfolio," she writes in a new note to investors.  Credit Suisse analyst Kaumil