Deutsche Bank Maintains Hold on Molson Coors Beverage, Lowers Price Target to $56
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Deutsche Bank analyst Steve Powers maintains a Hold rating on Molson Coors Beverage (NYSE:TAP) but lowers the price target from $62 to $56.
July 25, 2024 | 4:12 pm
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Deutsche Bank analyst Steve Powers maintains a Hold rating on Molson Coors Beverage (NYSE:TAP) and lowers the price target from $62 to $56.
The lowered price target from $62 to $56 by Deutsche Bank suggests a less optimistic outlook for Molson Coors Beverage. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations.
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