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Molson Coors price target lowered to $51 from $56 at Citi

Citi lowered the firm’s price target on Molson Coors (TAP) to $51 from $56 and keeps a Neutral rating on the shares. The firm adjusted price targets in the beverages, household and personal care group as part of a Q2 preview. It sees a slightly improved fundamentals across the sector heading into the reports relative to Q1.

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