JP Morgan Maintains Neutral on Molson Coors Beverage, Lowers Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Andrea Teixeira maintains a Neutral rating on Molson Coors Beverage (NYSE:TAP) and lowers the price target from $66 to $60.

May 01, 2024 | 3:18 pm
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JP Morgan analyst Andrea Teixeira maintains a Neutral rating on Molson Coors Beverage and lowers the price target from $66 to $60.
The reduction in price target by JP Morgan, a major financial institution, suggests a less optimistic outlook on Molson Coors Beverage's stock performance in the short term. This adjustment could lead to a negative perception among investors, potentially impacting the stock's price negatively.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100