JP Morgan Maintains Neutral on Molson Coors Beverage, Lowers Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Andrea Teixeira maintains a Neutral rating on Molson Coors Beverage (NYSE:TAP) but lowers the price target from $60 to $54.
July 15, 2024 | 2:00 pm
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JP Morgan analyst Andrea Teixeira maintains a Neutral rating on Molson Coors Beverage (NYSE:TAP) and lowers the price target from $60 to $54.
The lowered price target from $60 to $54 by JP Morgan suggests a less optimistic outlook for Molson Coors Beverage, which could lead to a short-term negative impact on the stock price.
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