Molson Coors under pressure as Bernstein cuts price target on downbeat outlook (TAP:NYSE)


Coors Light in a cooler full of ice

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Shares of Molson Coors (TAP) remain under pressure after downbeat full-year guidance prompted a wave of Wall Street price-target cuts.

On Tuesday, Bernstein became the latest to slash its target price with a new PT of $45, down 40% from the prior target price



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