UBS analyst Peter Grom lowered the firm’s price target on Molson Coors (TAP) to $49 from $52 and keeps a Neutral rating on the shares. The firm sees another “dynamic” earnings season for U.S. consumer staples, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TAP:
- Molson Coors Announces Chief Commercial Officer Departure
- Molson Coors COO to depart company
- Molson Coors price target lowered to $52 from $53 at Piper Sandler
- Strategic Leadership and Financial Strength Position Molson Coors for Growth
- Molson Coors Faces Leadership Transition and Market Challenges Amidst Industry Headwinds