Evercore ISI Group Maintains Outperform on Molson Coors Beverage, Lowers Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Robert Ottenstein maintains an Outperform rating on Molson Coors Beverage (NYSE:TAP) but lowers the price target from $70 to $68.
May 01, 2024 | 3:09 pm
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Evercore ISI Group maintains an Outperform rating on Molson Coors Beverage but lowers the price target from $70 to $68.
The adjustment in price target by Evercore ISI Group, while maintaining an Outperform rating, suggests a continued positive outlook on TAP but with a slightly moderated growth expectation. This could lead to a neutral short-term impact on the stock as the market digests the minor adjustment in the price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100