Barclays Maintains Underweight on Molson Coors Beverage, Raises Price Target to $49
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Lauren Lieberman maintains an Underweight rating on Molson Coors Beverage (NYSE:TAP) but raises the price target from $47 to $49.
August 08, 2024 | 6:20 pm
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Barclays analyst Lauren Lieberman maintains an Underweight rating on Molson Coors Beverage (NYSE:TAP) but raises the price target from $47 to $49.
The Underweight rating suggests a bearish outlook, but the raised price target indicates some positive expectations. The net impact is likely neutral in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100