JPMorgan Revises Molson Coors Shares Target as Volume Issues Persist

Monday, 15 July 2024, 06:34

JPMorgan has decreased its stock price target for Molson Coors due to concerns regarding its volume performance. The decision is based on the ongoing challenges experienced by the company in maintaining its sales momentum. Despite efforts to boost volume, Molson Coors faces uncertainty that has prompted this revision by JPMorgan.
Investing.com
JPMorgan Revises Molson Coors Shares Target as Volume Issues Persist

JPMorgan Lowers Molson Coors Stock Price Target

JPMorgan has revised the stock price target for Molson Coors, attributing the adjustment to concerns over volume performance.

Volume Issues Persist

Molson Coors is facing challenges in sustaining its sales momentum, prompting this decision by JPMorgan to lower the target.

  • Uncertainty: Despite efforts to boost volume, Molson Coors remains uncertain about its sales outlook.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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