B of A Securities Upgrades Molson Coors Beverage to Neutral, Raises Price Target to $68
Portfolio Pulse from richadhand@benzinga.com
B of A Securities analyst Bryan Spillane has upgraded Molson Coors Beverage (NYSE:TAP) from Underperform to Neutral and raised the price target from $54 to $68.
June 06, 2023 | 12:35 pm
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Molson Coors Beverage (NYSE:TAP) has been upgraded to Neutral from Underperform by B of A Securities, with a raised price target of $68.
The upgrade from Underperform to Neutral by B of A Securities analyst Bryan Spillane indicates a more positive outlook on Molson Coors Beverage's stock. The raised price target from $54 to $68 suggests an expected increase in the stock's value, which could lead to a short-term positive impact on TAP's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100