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Barclays raises target price for Molson Coors Beverage Co (TAP) to $65.00 following Q1 earnings beat.
Barclays has raised its target price on Molson Coors Beverage Company (TAP) from $64.00 to $65.00.
In Q1, the company reported better-than-expected earnings of $1.19 per share, with revenue reaching $3.33 billion.
TAP.A stock remained flat at $61.03 during trading, and the company declared a quarterly dividend of $0.44 per share.
Molson Coors Beverage Co is a global brewer with a diverse portfolio, producing and selling beer, flavored malt beverages, and other malt beverages under various brands in multiple regions.
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Barclays eleva el precio objetivo de Molson Coors Beverage Co (TAP) a 65,00 dólares tras superar las ganancias del primer trimestre.