Wells Fargo Maintains Underweight on Molson Coors Beverage, Raises Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Chris Carey maintains an Underweight rating on Molson Coors Beverage (NYSE:TAP) but raises the price target from $50 to $54.
August 07, 2024 | 1:50 pm
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Wells Fargo analyst Chris Carey maintains an Underweight rating on Molson Coors Beverage but raises the price target from $50 to $54.
The Underweight rating suggests a bearish outlook, but the raised price target indicates some positive expectations. The mixed signals likely result in a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100