Swiss bank UBS issued a more bullish report on Constellation Brands. While wine and spirits are performing well, one important point was that UBS now gives Constellation a 70% chance of continuing to be a partner of some sorts with Grupo Modelo. Given that UBS previous assumption was that Constellation would lose all Modelo importation revenues for a $200 million buyout at the end of their current contract in in five years, this new assumption adds $3 a share to their price target