Citi lowered the firm’s price target on Molson Coors (TAP) to $51 from $56 and keeps a Neutral rating on the shares. The firm adjusted price targets in the beverages, household and personal care group as part of a Q2 preview. It sees a slightly improved fundamentals across the sector heading into the reports relative to Q1.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TAP:
- Video: Why Constellation And Other Spirts Makers Are Sinking Today
- Constellation falls after Trump threatens 30% tariffs on Mexico
- Roth MKM beverages analyst holds an analyst/industry conference call
- Molson Coors price target lowered to $55 from $65 at Bernstein
- Molson Coors Extends Credit Agreement with Citibank
