Zacks Industry Outlook Highlights AnheuserBusch InBev, Diageo Plc, Constellation Brands Inc., Brown-Forman and Molson Coors [Yahoo! Finance]
Molson Coors Beverage Company Class B (TAP)
Last molson coors beverage company class b earnings: 4/30 07:00 am
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US:NYSE Investor Relations:
ir.molsoncoors.com/overview/default.aspx
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Source: Yahoo! Finance
STZ, Brown-Forman (BF.B) and Molson Coors TAP. Industry: Alcoholic Beverages Link: https://www.zacks.com/commentary/2253157/5-alcohol-stocks-to-watch-amid-wavering-industry-trends Players in the Zacks Beverages – Alcohol industry have been facing hardships due to inflation, and higher commodity and logistics costs. The industry participants have been keen on spending on advertising and marketing, which has resulted in higher operational costs. These elevated costs are likely to persist and may hurt the margins of the alcohol makers. However, companies in the alcohol space are poised to benefit from the robust demand for premium and high-quality products, and innovative spirits. The diversification of product portfolios of alcohol companies has been helping boost their top lines. Companies are expected to benefit from the momentum in spirits and ready-to-drink (RTD) cocktails. Investments in product innovations, premiumization and technology platforms bode well for players like
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News
- Molson Coors Beverage (NYSE: TAP) had its price target lowered by analysts at Citigroup Inc. from $56.00 to $53.00. They now have a "sell" rating on the stock.MarketBeat
- Molson Coors Beverage (NYSE: TAP) had its price target lowered by analysts at UBS Group AG from $70.00 to $64.00. They now have a "neutral" rating on the stock.MarketBeat
- Molson Coors Beverage (NYSE: TAP) had its price target lowered by analysts at Bank of America Co. from $72.00 to $62.00. They now have a "neutral" rating on the stock.MarketBeat
- Molson Coors Beverage (NYSE: TAP) had its price target lowered by analysts at JPMorgan Chase & Co. from $66.00 to $60.00. They now have a "neutral" rating on the stock.MarketBeat
- Molson Coors Beverage (NYSE: TAP) had its price target lowered by analysts at Evercore ISI from $70.00 to $68.00. They now have an "outperform" rating on the stock.MarketBeat