Piper Sandler lowered the firm’s price target on Molson Coors (TAP) to $45 from $50 and keeps a Neutral rating on the shares. Cost headwinds drive bigger headwinds than the firm had expected, with cost savings reinvested this year.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TAP:
- Molson Coors price target lowered to $58 from $65 at Roth Capital
- Closing Bell Movers: Carvana sinks 16%, DoorDash jumps 13% after results
- Molson Coors Posts Lower 2025 Results Amid Headwinds
- Molson Coors reports Q4 EPS $1.21, consensus $1.15
- Molson Coors sees FY26 underlying EPS decline 11%-15% vs 2025