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Bank of America downgraded its rating on Molson Coors Beverage's (TAP) shares, citing unfavorable trends for beer sales.
Analysts at Bank of America downgraded Molson Coors Beverage stock to "neutral" and lowered their price target for its shares ...
Molson Coors, known for its beers, is expanding its non-alcoholic beverage portfolio. The company has invested in brands like Fever-Tree, Naked Life, ZOA Energy, and LA Libations.
Molson Coors Net Debt to Adjusted EBITDA last 9 years (Molson Coors Q2 2024 Slides) Since the share buyback plan was announced, Molson Coors has repurchased 5% of its outstanding shares.
Molson Coors, known for its beers, is expanding its non-alcoholic beverage portfolio. The company has invested in brands like Fever-Tree, Naked Life, ZOA Energy, and LA Libations.