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Stock Market & Financial Investment News

News Breaks
June 26, 2014
07:35 EDTBUD, TAPMolson Coors price target raised to $87 from $76 at Stifel
Stifel increased its price target on Molson Coors (TAP) for several reasons, including the firm's belief that there is now a 50% chance that AB InBev (BUD) will try to buy SABMiller (SBMRY) over the next year, up from 30% previously. Additionally, Stifel reports that Molson Coors plans to cut costs in Canada more than previously expected, and the firm still expects the company to increase its dividend about 10% and resume share repurchases next year. The firm keeps a Buy rating on Molson Coors.
News For TAP;BUD From The Last 14 Days
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July 2, 2015
08:13 EDTTAPMolson Coors U.K. acquires 'Rekorderlig U.K.'
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June 23, 2015
10:00 EDTTAPOn The Fly: Analyst Downgrade Summary
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07:44 EDTTAPMolson Coors downgraded to Neutral at Nomura
As previously reported, Nomura downgraded Molson Coors to Neutral from Buy and lowered its price target to $74 from $82. The firm believes U.S. volume and pricing trends have worsened year-to-date and lowered its probability the company will buy the rest of MillerCoors in the U.S.
05:27 EDTTAPMolson Coors downgraded to Neutral from Buy at Nomura
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