Jefferies Maintains Buy on Molson Coors Beverage, Raises Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Kevin Grundy maintains a Buy rating on Molson Coors Beverage (NYSE:TAP) and raises the price target from $74 to $75.
June 06, 2023 | 12:47 pm
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Jefferies analyst Kevin Grundy maintains a Buy rating on Molson Coors Beverage and raises the price target from $74 to $75.
The news of Jefferies maintaining a Buy rating and raising the price target for Molson Coors Beverage (TAP) is positive for the stock. This indicates that the analyst has confidence in the company's performance and growth potential, which could lead to an increase in investor interest and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100