JPMorgan raised the firm’s price target on Constellation Brands to $320 from $291 and keeps an Overweight rating on the shares. The analyst says the post-earnings selloff in shares of Constellation was “unfair” given the beat and mid-single-digit growth in depletions. The company issued constructive commentary on June and share buybacks, the analyst tells investors in a research note. The firm sees a buying opportunity post the selloff.