TD Cowen lowered the firm’s price target on Molson Coors (TAP) to $47 from $48 and keeps a Hold rating on the shares. The firm lowered its Molson Coors FY26 to better reflect their view that the beer category will remain subdued for both cyclical and structural reasons and that the company’s market share will continue to slip lower.
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- Molson Coors price target lowered to $67 from $71 at Roth Capital
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- Cautious Hold Rating for Molson Coors Amid Market Challenges and Cost Pressures
- Molson Coors price target lowered to $48 from $50 at TD Cowen
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