Susquehanna not a buyer yet of Constellation Brands

• Susquehanna analyst Pablo Zuanic thinks investors should wait for a better entry point before jumping into Constellation Brands (NYSE:STZ).
• He notes the 7% post-election pullback still doesn't fairly discount trade/Mexico risks and slowing scanner data on Corona.
• "Our price target is now $147 ($154 prior). On our tax-adjusted EBITDA comps, we would value the beer unit at a 5-10% premium to consumer staples at best," writes Zuanic in a note provided to Seeking Alpha.
• The beer stock is rated at Neutral.