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Fly News Breaks for May 4, 2017
TAP
May 4, 2017 | 07:00 EDT
Soceite General analyst Andrew Holland downgraded Molson Coors to Hold from Buy and lowered its price target to $98 from $117 saying investments will impact margins. Molson's CEO said 2017 is a "transition" year as the company invests in several areas that should improve competitiveness, but will largely offset the cost savings from the Miller integration, the analyst believes. Holland cut Molson earnings estimates to reflect the increased spend and said concerns over US trade and Mexico and Ingredion's performance are concerning.
News For TAP From the Last 2 Days
TAP
Apr 24, 2024 | 16:14 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
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