Roth MKM keeps a Buy rating on Molson Coors (TAP) with a $75 price target following the Q4 report. With investors down on the beer sector, Molson’s improvement in brand volumes and continued earnings delivery “will be a welcome reprieve,” the analyst tells investors in a research note. The firm says the company guided to fiscal 2025 ahead of consensus expectations. Despite a nearly 50% increase in earnings power, shares of Molson Coors are flat over that period, Roth points out. It believes the company’s earnings power is “at odds” with the stock’s valuation.
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