Deutsche Bank Maintains Hold on Molson Coors Beverage, Raises Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Steve Powers maintains a Hold rating on Molson Coors Beverage (NYSE:TAP) and raises the price target from $64 to $65.

April 17, 2024 | 4:00 pm
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Deutsche Bank maintains a Hold rating on Molson Coors Beverage and raises the price target from $64 to $65.
The increase in the price target by Deutsche Bank suggests a positive outlook on the stock's value, potentially leading to increased investor confidence and a short-term positive impact on the stock price. However, the Hold rating indicates that the bank does not see significant upside or momentum, tempering expectations for a major price movement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100