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Fly News Breaks for April 17, 2018
TAP
Apr 17, 2018 | 07:07 EDT
As previously reported, Goldman Sachs analyst Judy Hong downgraded Molson Coors (TAP) to Neutral and lowered her price target for the shares to $83 from $104, predicting that weaker than expected volumes will drive cuts to consensus estimates. She forecasts Molson Coors' U.S. volumes will decline over 3% in 2018, with low-cal beer growth further pressuring Coors Light and Miller Lite trends. Hong paired the downgrade of Molson Coors with an upgrade of Coca-Cola European Partners (CCE) to Buy.
News For TAP From the Last 2 Days
TAP
Apr 26, 2024 | 15:29 EDT
What has Wall Street been buzzing about this week? Here are the top 5 Bu-y calls and the top 5 Sell calls made by Wall Street’s best analysts during the week of April 22-26. Find all top-rated... To see the rest of the story go to thefly.com. See Story Here