JP Morgan Maintains Neutral on Molson Coors Beverage, Raises 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 raises the price target from $57 to $60.
October 18, 2024 | 3:13 pm
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JP Morgan has maintained a Neutral rating on Molson Coors Beverage but increased the price target from $57 to $60, indicating a slightly more positive outlook.
The increase in price target from $57 to $60 suggests a slightly more optimistic view on Molson Coors' future performance, which could positively influence investor sentiment and potentially lead to a short-term price increase.
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IMPORTANCE 70
RELEVANCE 100