Molson Coors lifts annual core profit forecast on price hikes, steady demand

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Deutsche Bank Upgrades Molson Coors (TAP) to Hold, 'TAP-ering Our Concerns'

November 3, 2023 4:59 AM EDT

Deutsche Bank analyst Steve Powers upgraded Molson Coors (NYSE: TAP) from Sell to Hold with a price target of $58.00 (from $57.00).

The analyst comments "We are upgrading TAP to Hold from Sell, with our price target rising by $1 to $58. While investor concerns... More