Barclays Maintains Equal-Weight on Molson Coors Beverage, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Lauren Lieberman maintains an Equal-Weight rating on Molson Coors Beverage (NYSE:TAP) and raises the price target from $69 to $70.
July 20, 2023 | 11:24 am
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NEUTRAL IMPACT
Barclays maintains an Equal-Weight rating on Molson Coors Beverage and raises the price target from $69 to $70.
The news is directly about Molson Coors Beverage (TAP). Barclays maintaining an Equal-Weight rating indicates that they believe the stock is fairly valued. The slight increase in price target from $69 to $70 suggests a positive outlook, but the impact on the stock price in the short term is likely to be neutral as the increase is marginal.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100