JP Morgan downgrades Molson Coors Beverage to Underweight from Neutral, lowers price target to $37 from $41
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JP Morgan downgraded Molson Coors Beverage to Underweight from Neutral and lowered its price target to $37 from $41, a 9.8% decrease.
The price target implies a downside of 8.3% from the Nov 6 close of $40.33.
Recent analyst actions on Molson Coors Beverage
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| Nov 6 | Needham | Maintains | Buy | $46 |
| Nov 6 | Piper Sandler | Maintains | Neutral | $43 |
| Nov 6 | Wells Fargo | Downgrades | Underweight | $36 |
| Oct 26 | JP Morgan | Maintains | Neutral | $41 |
| Oct 16 | Barclays | Maintains | Underweight | $36 |
Across the five most recent analyst notes published on Molson Coors Beverage over the past 30 days, price targets range from $36 to $46.
Explore more price target data and ratings for Molson Coors Beverage on the Forecasts tab, and track all previous and future analyst recommendations in the dedicated News Flow.
Select reference data provided by Benzinga. This information is not a recommendation for what you should do personally and does not constitute investment advice.
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