Barclays analyst Lauren Lieberman raised the firm’s price target on Molson Coors to $52 from $50 and keeps an Equal Weight rating on the shares ahead of the Q1 results. Within the firm’s staples universe, the analyst continues to favor names that have greater visibility to volume growth, either through enhanced category exposure or idiosyncratic factors.
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
See Insiders’ Hot Stocks on TipRanks >>
Read More on TAP:
- Molson Coors price target lowered to $47 from $48 at Deutsche Bank
- Unusual call flow in option market yesterday
- Second day of heavy call volume in Molson Coors for second day
- Molson Coors activism risk factor notice a ‘strange twist,’ says Gordon Haskett
- Molson Coors creates centralized commercial function in Americas business unit