Molson Coors beats Q1 estimates but cautious outlook drags shares
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Molson Coors (TAP) PT Lowered to $53 at Citi
May 1, 2024 6:19 AM EDTCiti analyst Filippo Falorni lowered the price target on Molson Coors (NYSE: TAP) to $53.00 (from $56.00) while maintaining a Sell rating.
The analyst comments "TAP reported a 1Q24 EPS beat ($0.95 above cons. $0.74) and local-currency sales growth of +10.1% (vs. +6.5% cons.). However, the focus was on the... More
Molson Coors (TAP) PT Lowered to $68 at Evercore ISI
April 30, 2024 4:02 PM EDTEvercore ISI analyst Robert Ottenstein lowered the price target on Molson Coors (NYSE: TAP) to $68.00 (from $70.00) while maintaining a Outperform rating.
The analyst comments "TAP shares are trading down >8% today following managements tepid commentary on April trends, which were echoed in... More
