Barclays Maintains Equal-Weight on Molson Coors Beverage, Raises Price Target to $67
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Lauren Lieberman maintains an Equal-Weight rating on Molson Coors Beverage (TAP) and raises the price target from $65 to $67.
April 12, 2024 | 2:23 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Barclays analyst Lauren Lieberman maintains an Equal-Weight rating on Molson Coors Beverage and raises the price target from $65 to $67.
The increase in price target by Barclays reflects a positive outlook on Molson Coors Beverage's stock, suggesting potential upside. The maintenance of an Equal-Weight rating indicates a neutral view on the stock's current valuation, but the raised target suggests confidence in the company's future performance. This could lead to short-term positive sentiment among investors.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100