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Fly News Breaks for February 12, 2018
TAP
Feb 12, 2018 | 05:55 EDT
Credit Suisse analyst Laurent Grandet upgraded Molson Coors Brewing to Outperform from Neutral and raised his price target for the shares to $94 from $92. The analyst sees a "unique opportunity" this year for the company to use its tax savings to invest in key brands and drive sales growth. He views the stock as "washed out" with a favorable risk/reward amid "very low embedded expectations."
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